| O latest price $62.7100 (0.76%) ($62.2700 - $62.9350) on Tue. Dec. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 40 |
Latest Price | $62.7100(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.1% a day on average for past five trading days. |
Weekly Trend | O declines -1.5% 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 -0.835% in a week (0% probabilities). VIXM(-25%) UUP(-7%) 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 | -0.835% (StdDev 1.67%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.3% |
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