| O latest price $62.2400 (-1.05%) ($61.7500 - $62.9000) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 42 |
Latest Price | $62.2400(-1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O declines -1.4% 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(66%) SPLV(65%) IFRA(58%) IWD(58%) IVE(57%) |
Factors Impacting O price | O will decline at least -0.83% in a week (0% probabilities). VIXM(-25%) UUP(-6%) VXX(-4%) TIP(-2%) 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 | -0.83% (StdDev 1.66%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.3% |
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