| MAR latest price $101.7800 (0.98%) ($100.1800 - $102.2700) on Fri. Oct. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 60 |
Latest Price | $101.7800(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.8% a day on average for past five trading days. |
Weekly Trend | MAR declines -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(77%) PEJ(75%) IVE(67%) IWD(67%) IWN(67%) |
Factors Impacting MAR price | MAR will decline at least -1.195% in a week (0% probabilities). VIXM(-44%) UUP(-28%) VXX(-13%) TLT(-11%) EDOC(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.195% (StdDev 2.39%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|