| O latest price $67.9000 (0.1%) ($66.7600 - $68.1300) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 64 |
Latest Price | $67.9000(0.1%) |
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 1.3% 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) XLRE(80%) SPLV(68%) SDY(66%) XLU(64%) VYM(58%) |
Factors Impacting O price | O will decline at least -0.64% in a week (0% probabilities). VIXM(-30%) VXX(-9%) TBT(-8%) SMH(-6%) VCSH(-4%) |
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 | -0.64% (StdDev 1.28%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.4% |
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