| O latest price $59.2400 (-0.34%) ($58.8800 - $59.6900) on Thu. Jun. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 30 |
Latest Price | $59.2400(-0.34%) |
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 -1.9% 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(78%) SDY(66%) SPLV(66%) VYM(65%) IWD(64%) |
Factors Impacting O price | O will decline at least -0.585% in a week (0% probabilities). VXX(-47%) VIXM(-40%) TBT(-31%) UUP(-18%) USO(-3%) |
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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.2% |
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