| O latest price $60.9100 (0.08%) ($60.5300 - $60.9950) on Fri. Jun. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.16% (three month average) |
RSI | 56 |
Latest Price | $60.9100(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% a day on average for past five trading days. |
Weekly Trend | O advances 0.9% 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(78%) SPLV(67%) SDY(65%) VYM(64%) IWD(63%) |
Factors Impacting O price | O will decline at least -0.58% in a week (0% probabilities). VXX(-45%) VIXM(-40%) TBT(-30%) UUP(-17%) 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 | -0.58% (StdDev 1.16%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.5% |
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