| O latest price $71.3500 (1.09%) ($70.6900 - $71.4650) on Fri. Jul. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 55 |
Latest Price | $71.3500(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.3% a day on average for past five trading days. |
Weekly Trend | O advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(70%) SDY(68%) IFRA(63%) IVE(61%) IWD(61%) |
Factors Impacting O price | O will decline at least -0.82% in a week (0% probabilities). VIXM(-32%) UUP(-23%) TBT(-9%) VXX(-5%) EDOC(-2%) |
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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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