| MAR latest price $118.5100 (0.19%) ($115.9200 - $119.8000) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 72 |
Latest Price | $118.5100(0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 4.3% a day on average for past five trading days. |
Weekly Trend | MAR advances 6.2% 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 -1.515% 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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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