| MAR latest price $98.7500 (0.9%) ($97.5200 - $100.3800) on Tue. Aug. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 82 |
Latest Price | $98.7500(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.9% a day on average for past five trading days. |
Weekly Trend | MAR advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(77%) PEJ(75%) IWN(68%) IVE(67%) IWD(67%) |
Factors Impacting MAR price | MAR will decline at least -1.675% in a week (0% probabilities). VIXM(-42%) UUP(-27%) VXX(-13%) TLT(-12%) 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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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