| O latest price $61.1400 (0.89%) ($60.8860 - $61.7400) on Thu. Oct. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 61 |
Latest Price | $61.1400(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1.2% a day on average for past five trading days. |
Weekly Trend | O advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(69%) SPLV(67%) IWD(62%) IFRA(61%) IVE(60%) |
Factors Impacting O price | O will decline at least -0.735% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-5%) TBT(-3%) TLT(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.735% (StdDev 1.47%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.2% |
| |
|
|