| MAR latest price $95.9600 (-1.15%) ($95.3900 - $99.6500) on Wed. Aug. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 63 |
Latest Price | $95.9600(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1.9% a day on average for past five trading days. |
Weekly Trend | MAR advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(77%) PEJ(75%) IWN(68%) IWD(67%) IVE(66%) |
Factors Impacting MAR price | MAR will decline at least -2.05% in a week (0% probabilities). VIXM(-42%) UUP(-27%) VXX(-13%) TLT(-11%) EDOC(-5%) |
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 | -2.05% (StdDev 4.1%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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