| O latest price $63.5700 (1.37%) ($62.7100 - $63.8200) on Wed. Dec. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 49 |
Latest Price | $63.5700(1.37%) |
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 | Normal for large cap. Normal 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(-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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.4% |
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