| O latest price $62.2900 (1.6%) ($61.2700 - $62.6400) on Thu. Apr. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 46 |
Latest Price | $62.2900(1.6%) |
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 -0.1% 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(79%) SDY(67%) SPLV(66%) XLU(63%) VYM(62%) |
Factors Impacting O price | O will decline at least -0.565% in a week (0% probabilities). VXX(-41%) VIXM(-34%) TBT(-22%) UUP(-16%) SMH(-12%) |
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 | -0.565% (StdDev 1.13%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.6% |
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