| MAR latest price $102.6100 (-4.39%) ($100.0500 - $106.6500) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.67% (three month average) |
RSI | 61 |
Latest Price | $102.6100(-4.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.5% a day on average for past five trading days. |
Weekly Trend | MAR advances 7.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(78%) PEJ(76%) IWN(70%) IWD(69%) IVE(68%) |
Factors Impacting MAR price | MAR will decline at least -3.335% in a week (0% probabilities). VIXM(-44%) UUP(-27%) VXX(-15%) TLT(-15%) BNDX(-4%) |
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 | -3.335% (StdDev 6.67%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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