| O latest price $70.3100 (2.72%) ($68.8410 - $70.4200) on Fri. Jul. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 55 |
Latest Price | $70.3100(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(69%) SDY(68%) IFRA(62%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.825% in a week (0% probabilities). VIXM(-32%) UUP(-22%) TBT(-9%) VXX(-5%) UNG(5%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.4% |
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