| MAR latest price $130.5100 (-1.35%) ($129.3200 - $130.5100) on Wed. Dec. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.14% (three month average) |
RSI | 68 |
Latest Price | $130.5100(-1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.3% a day on average for past five trading days. |
Weekly Trend | MAR advances 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(75%) PEJ(74%) IYT(67%) IWD(65%) IWM(65%) |
Factors Impacting MAR price | MAR will decline at least -1.57% in a week (0% probabilities). VIXM(-42%) UUP(-30%) VXX(-12%) TLT(-8%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.57% (StdDev 3.14%) |
Hourly BBV | -2.1 () |
Intraday Trend | 0% |
| |
|
|