| O latest price $63.8400 (-1.39%) ($63.6900 - $64.7220) on Wed. Nov. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 66 |
Latest Price | $63.8400(-1.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based 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) SDY(67%) SPLV(66%) IWD(60%) IFRA(59%) IVE(58%) |
Factors Impacting O price | O will decline at least -0.78% in a week (0% probabilities). VIXM(-25%) UUP(-10%) VXX(-4%) TBT(-2%) UNG(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 | -0.78% (StdDev 1.56%) |
Hourly BBV | -1.9 () |
Intraday Trend | -1.1% |
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