| MAR latest price $100.9000 (3.02%) ($98.1300 - $102.8900) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 53 |
Latest Price | $100.9000(3.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1.6% a day on average for past five trading days. |
Weekly Trend | MAR declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) IWD(67%) IWN(67%) IYT(67%) |
Factors Impacting MAR price | MAR will decline at least -1.3% in a week (0% probabilities). VIXM(-44%) UUP(-28%) VXX(-13%) TLT(-10%) EDOC(-8%) |
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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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