| MAR latest price $92.7800 (1.74%) ($90.1700 - $94.1800) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.05% (three month average) |
RSI | 58 |
Latest Price | $92.7800(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.3% a day on average for past five trading days. |
Weekly Trend | MAR declines -2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(78%) PEJ(76%) IWN(70%) IVE(69%) IWD(69%) |
Factors Impacting MAR price | MAR will decline at least -3.025% in a week (0% probabilities). VIXM(-45%) UUP(-26%) 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 | -3.025% (StdDev 6.05%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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