| O latest price $61.0000 (1.65%) ($59.9700 - $61.1800) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 50 |
Latest Price | $61.0000(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.5% 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 | Growth stock sell-off 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%) SPLV(66%) SDY(65%) IWD(63%) VYM(63%) |
Factors Impacting O price | O will decline at least -0.59% in a week (0% probabilities). VXX(-44%) VIXM(-41%) TBT(-31%) UUP(-17%) 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 | -0.59% (StdDev 1.18%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.3% |
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