| MAR latest price $99.7000 (-4.55%) ($99.5800 - $103.9400) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 40 |
Latest Price | $99.7000(-4.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.1% a day on average for past five trading days. |
Weekly Trend | MAR advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off 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 -1.335% in a week (0% probabilities). VIXM(-43%) 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 | -1.335% (StdDev 2.67%) |
Hourly BBV | -1.9 () |
Intraday Trend | 0% |
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