| MAR latest price $101.7700 (4.51%) ($99.0000 - $103.3240) on Thu. Aug. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 72 |
Latest Price | $101.7700(4.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1.6% a day on average for past five trading days. |
Weekly Trend | MAR advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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%) IVE(67%) IWD(67%) |
Factors Impacting MAR price | MAR will decline at least -1.67% in a week (0% probabilities). VIXM(-43%) 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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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