| O latest price $67.9900 (2.41%) ($66.9000 - $68.0500) on Thu. Jun. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 46 |
Latest Price | $67.9900(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1% a day on average for past five trading days. |
Weekly Trend | O declines -1.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(70%) SDY(68%) IFRA(61%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.81% in a week (0% probabilities). VIXM(-34%) UUP(-21%) TBT(-10%) VXX(-6%) UNG(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.81% (StdDev 1.62%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.4% |
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