| O latest price $70.2500 (0.24%) ($69.3850 - $70.5450) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 54 |
Latest Price | $70.2500(0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.6% a day on average for past five trading days. |
Weekly Trend | O advances 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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(63%) IVE(61%) IWD(61%) |
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(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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.4% |
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