| MAR latest price $118.2900 (13.89%) ($113.6000 - $131.9000) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 70 |
Latest Price | $118.2900(13.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 5.2% a day on average for past five trading days. |
Weekly Trend | MAR advances 3.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(76%) PEJ(75%) IWN(67%) IVE(66%) IWD(66%) |
Factors Impacting MAR price | MAR will decline at least -1.53% in a week (0% probabilities). VIXM(-43%) UUP(-28%) VXX(-12%) 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 | -1.53% (StdDev 3.06%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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