| O latest price $59.7000 (0.78%) ($59.3290 - $60.0950) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 31 |
Latest Price | $59.7000(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% 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 | 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(-32%) UUP(-18%) USO(-2%) |
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 | 0.9 () |
Intraday Trend | 0.1% |
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