Statistics of Price Movements of Murphy USA Inc (MUSA)

The price movements of Murphy USA Inc (ticker MUSA) are summarized in five ways:

• Table 1. Statistics of daily price changes using the closing prices
• Table 2. Statistics of daily price changes using the closing and opening prices
• Table 3 – 7. Statistics of daily price changes when MUSA opened with an increase of 1%, 2%, 3%, 4%, or more than 5%
• Table 8 – 10. Statistics of stock price changes in the 20 days after MUSA had a big price move
• Table 11. Statistics of daily price changes in the 20 days after MUSA moved 5% with twice the 30-day average volume

The statistics are calculated using MUSA's price data across 1,549 trading days from 2015 to 2020.

Table 1. Statistics of MUSA one-day price changes

In this table, the one-day price change is calculated using the closing price and the previous day's closing price.

In the past 1,549 trading days, 50.4% of the time (780 days), MUSA closed above the previous day's closing price. 46.1% of the time (713 days), it closed below the previous day's closing price. 3.6% of the time (55 days), it did not change.

Also see: VIX price movement study.

MUSA Price Change (%)	Number of Days	% of Total Sessions
24 – 25%	1	0.06%
14 – 15%	2	0.13%
11 – 12%	1	0.06%
9 – 10%	1	0.06%
7 – 8%	5	0.32%
6 – 7%	1	0.06%
5 – 6%	11	0.71%
4 – 5%	12	0.78%
3 – 4%	25	1.61%
2 – 3%	77	4.97%
1 – 2%	220	14.21%
0 – 1%	424	27.39%
0%	55	3.55%
0 – -1%	383	24.74%
-1 – -2%	195	12.60%
-2 – -3%	78	5.04%
-3 – -4%	27	1.74%
-4 – -5%	9	0.58%
-5 – -6%	7	0.45%
-6 – -7%	6	0.39%
-7 – -8%	3	0.19%
-8 – -9%	3	0.19%
-9 – -10%	1	0.06%
-12 – -13%	1	0.06%

Table 2. Statistics of MUSA: Closing vs. Open

In this table, instead of using the closing price of the previous day, the opening price is used to calculate the one-day price change of MUSA.

48.5% of the time (752 days), MUSA closed above the opening price. 47.8% of the time (741 days), it closed below the opening price. 3.6% of the time (56 days), it closed where it started.

Closing - Open (%)	Number of Days	% of Total Sessions
15 – 16%	1	0.06%
11 – 12%	2	0.13%
9 – 10%	2	0.13%
8 – 9%	3	0.19%
6 – 7%	1	0.06%
5 – 6%	8	0.52%
4 – 5%	14	0.90%
3 – 4%	21	1.36%
2 – 3%	75	4.84%
1 – 2%	208	13.43%
0 – 1%	417	26.92%
0%	56	3.62%
0 – -1%	426	27.50%
-1 – -2%	191	12.33%
-2 – -3%	79	5.10%
-3 – -4%	25	1.61%
-4 – -5%	11	0.71%
-5 – -6%	6	0.39%
-6 – -7%	1	0.06%
-7 – -8%	1	0.06%
-12 – -13%	1	0.06%

Table 3. One-day performance when MUSA opened 5% higher than previous close

In the past 1,549 trading days, MUSA opened more than 5% higher than the previous day's closing price 1 times. Of these days, 100.0% (1 days) had closing prices above the opening price, and 0.0% (0 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
11 – 12%	1	100.00%

Table 4. Closing vs. open when MUSA opened 4–5% higher

On 2 days, MUSA opened 4–5% higher than the previous day's closing price. Of these days, 100.0% (2 days) had closing prices above the opening price, and 0.0% (0 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
2 – 3%	1	50.00%
0 – 1%	1	50.00%

Table 5. Closing vs. open when MUSA open 3 – 4% higher

3 times MUSA opened 3 – 4% higher than the previous day's closing price. Among these days, 0.0% (0 days) closed above the opening price, 100.0% (3 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
-1 – -2%	3	100.00%

Table 6. Closing vs. open when MUSA open 2 – 3% higher

9 times MUSA opened 2 – 3% higher than the previous day's closing price. Among these days, 55.6% (5 days) closed above the opening price, 44.4% (4 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
11 – 12%	1	11.11%
9 – 10%	1	11.11%
5 – 6%	1	11.11%
4 – 5%	1	11.11%
1 – 2%	1	11.11%
-1 – -2%	1	11.11%
-2 – -3%	2	22.22%
-5 – -6%	1	11.11%

Table 7. Closing vs. open when MUSA open 1 – 2% higher

53 times MUSA opened 1 – 2% higher than the previous day's closing price. Among these days, 43.4% (23 days) closed above the opening price, 56.6% (30 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
8 – 9%	1	1.89%
6 – 7%	1	1.89%
4 – 5%	1	1.89%
3 – 4%	1	1.89%
2 – 3%	6	11.32%
1 – 2%	4	7.55%
0 – 1%	9	16.98%
0 – -1%	10	18.87%
-1 – -2%	11	20.75%
-2 – -3%	5	9.43%
-3 – -4%	3	5.66%
-4 – -5%	1	1.89%

Table 8. Periods when MUSA moved 15% or more

In this table, we track the price movements in the 20 days after MUSA had a one-day price change of at least 15%.

Date	Price Change	Price Change after 15% Move
Days after:		1	4	7	10	13	16	19
20191031	24.3%	-3.7	.7	-1.2	-1.8	1.3	1.7	1.7

Table 9. Periods when MUSA moved 10% or more

In this table, we track the price movements in the 20 days after MUSA had a one-day price change of at least 10%.

Date	Price Change	Price Change after 10% Move
Days after:		1	4	7	10	13	16	19
20191031	24.3%	-3.7	.7	-1.2	-1.8	1.3	1.7	1.7
20200406	14.5%	4.9	9.1	5.5	13.5	12.4	12.9	5.6
20200721	14.2%	3.9	.9	-.8	3.1	4.8	3.5	5.3
20160509	11.8%	1.8	-.2	-2.5	.7	3.8	4.1	6.6
20200323	-12.8%	7.1	1.9	1.8	19.1	29.9	31.9	32.8

Table 9a. MUSA average price changes following a 10% up day

Of the 1,549 trading days from 2015 to 2020, there were 4 days in which MUSA was up more than 10%. This table shows the average price changes over the 4 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 10%	1.7	2.6	.2	3.9	5.6	5.6	4.8

Table 9b. MUSA average price changes following a 10% down day

Of the 1,549 trading days from 2015 to 2020, there were 1 days in which MUSA was down more than -10%. This table shows the average price changes over the 1 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -10%	7.1	1.9	1.8	19.1	29.9	31.9	32.8

Table 10. Periods when MUSA moved 5% or more

In this table, we track the price movements in the 20 days after MUSA had a one-day price change of at least 5%.

Date	Price Change	Price Change after 5% Move
Days after:		1	4	7	10	13	16	19
20191031	24.3%	-3.7	.7	-1.2	-1.8	1.3	1.7	1.7
20200406	14.5%	4.9	9.1	5.5	13.5	12.4	12.9	5.6
20200721	14.2%	3.9	.9	-.8	3.1	4.8	3.5	5.3
20160509	11.8%	1.8	-.2	-2.5	.7	3.8	4.1	6.6
20200317	9.8%	-8.1	-21.7	-14.9	-18.9	-18.6	-4.0	-.7
20150908	7.9%	-.7	-.5	3.3	1.2	4.8	3.0	3.2
20200313	7.8%	-5.7	.0	-13.1	-17.3	-17.4	-3.4	5.4
20200504	7.8%	-2.1	3.2	-3.7	4.9	4.8	4.2	5.0
20151026	7.7%	-1.0	1.6	2.3	-.4	-4.7	-5.1	-3.0
20200324	7%	-3.2	-3.2	-3.4	16.7	21.3	17.3	26.1
20190806	6.5%	-.3	-1.2	.1	.5	-3.4	-2.1	-2.5
20200409	5.9%	.0	-3.3	4.0	3.0	3.5	-3.2	4.8
20151201	5.7%	1.3	2.9	3.2	.2	-3.3	-1.2	-1.0
20160129	5.5%	.6	-.2	2.7	.8	7.0	10.2	12.1
20170202	5.5%	-.6	-1.4	-2.8	-2.7	-1.0	.1	-1.8
20180619	5.4%	3.7	2.1	-2.7	-3.1	-.6	1.2	3.1
20190430	5.4%	-.5	.9	1.1	-1.1	-2.6	-1.7	-5.2
20161111	5.3%	3.6	9.5	12.9	15.4	12.0	13.4	9.4
20180605	5.2%	-.4	1.2	-.8	8.0	12.5	4.8	3.9
20200417	5.2%	1.7	.8	1.3	-5.3	2.5	4.2	-.8
20181226	5.1%	-.1	3.5	3.5	7.1	7.8	9.4	10.1
20200319	5%	-6.9	-15.9	-15.9	-16.1	1.4	5.4	1.9
20171107	-5.1%	.1	1.8	4.8	6.1	5.6	8.9	10.6
20200311	-5.1%	-9.1	1.6	-8.8	-17.6	-17.6	-17.7	-.6
20161222	-5.3%	-1.8	-1.2	-4.2	-2.6	-2.4	-4.7	-2.3
20200316	-5.6%	9.8	-1.4	-10.9	-10.9	-11.0	7.4	11.7
20150806	-5.7%	-1.8	-2.6	.7	1.1	-4.0	-.9	-3.0
20200611	-5.7%	.3	3.9	6.4	6.3	3.0	3.6	2.8
20180205	-5.9%	.9	-1.3	5.3	5.5	4.9	4.6	4.3
20161109	-6%	-2.6	6.9	14.2	17.9	18.4	15.7	17.1
20170228	-6.1%	2.8	3.5	4.3	5.2	10.1	11.6	12.5
20200327	-6.1%	1.7	1.5	22.6	27.4	23.2	32.5	31.3
20180413	-6.3%	1.5	.8	-1.2	.1	1.6	3.2	5.7
20200130	-6.3%	-3.5	.8	-.6	-.4	.5	-2.2	-7.8
20200320	-6.9%	-12.8	-5.3	-9.7	-9.4	6.8	10.5	10.0
20160114	-7%	1.0	-.8	-1.6	-5.0	-.3	.1	2.4
20180201	-7.3%	-3.9	-10.1	-8.7	-4.4	-5.1	-4.9	-4.9
20150505	-7.9%	-.6	-1.2	-3.7	-1.1	-1.2	-2.6	-5.4
20170419	-8%	1.8	4.4	2.0	-2.8	-4.1	-.7	.3
20200318	-8.1%	5.1	-8.7	-13.1	-13.2	1.5	10.7	12.4
20190131	-8.7%	-.0	3.5	1.9	1.7	5.6	8.5	5.6
20200312	-9.1%	7.9	2.7	-12.5	-4.9	-9.4	-9.0	7.3
20200323	-12.8%	7.1	1.9	1.8	19.1	29.9	31.9	32.8

Table 10a. MUSA average price changes following a 5% up day

Of the 1,549 trading days from 2015 to 2020, there were 22 days in which MUSA was up more than 5%. This table shows the average price changes over the 22 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 5%	-.5	-.5	-1.0	.4	2.2	3.4	4.1

Table 10b. MUSA average price changes following a 5% down day

Of the 1,549 trading days from 2015 to 2020, there were 21 days in which MUSA was down more than -5%. This table shows the average price changes over the 21 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -5%	.2	.0	-.5	.9	2.7	5.1	6.8

28 stocks with statistics: AAPL, AMD, AMZN, APPN, AZN, BA, BAC, BIIB, CRM, CSCO, CX, DIS, FB, GE, GM, GOOG, IBM, INTC, JPM, JPM, MSFT, MU, NFLX, O, QQQ, SPY, T, TSLA,

Also see: VIX price movement study.