| O latest price $63.3400 (0.33%) ($62.8500 - $63.9200) on Tue. Nov. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 82 |
Latest Price | $63.3400(0.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% a day on average for past five trading days. |
Weekly Trend | O advances 3.2% a week on average for past two weeks. |
Market Behavior | Value stock 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 -0.745% in a week (0% probabilities). VIXM(-25%) 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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.3% |
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