| O latest price $62.7100 (-0.21%) ($62.4700 - $63.1050) on Wed. Apr. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 50 |
Latest Price | $62.7100(-0.21%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(80%) SDY(66%) SPLV(65%) XLU(62%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.605% in a week (0% probabilities). VXX(-39%) VIXM(-32%) TBT(-21%) UUP(-12%) EDOC(-11%) |
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 | -0.605% (StdDev 1.21%) |
Hourly BBV | -0 () |
Intraday Trend | -0.2% |
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