| O latest price $63.1300 (0.19%) ($62.5900 - $63.3100) on Mon. Nov. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 74 |
Latest Price | $63.1300(0.19%) |
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 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(68%) SPLV(66%) IFRA(60%) IWD(60%) IVE(59%) |
Factors Impacting O price | O will decline at least -0.75% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-4%) TBT(-1%) TLT(1%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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