| O latest price $65.3000 (0%) ($65.0900 - $65.6800) on Tue. Nov. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 76 |
Latest Price | $65.3000(0%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(66%) SPLV(64%) IWD(58%) IFRA(57%) IVE(57%) |
Factors Impacting O price | O will decline at least -0.78% in a week (0% probabilities). VIXM(-24%) UUP(-5%) VXX(-4%) TLT(-2%) TIP(-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 | 0.8 () |
Intraday Trend | -0.1% |
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