| MAR latest price $126.9300 (-1.62%) ($126.9300 - $129.4500) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 48 |
Latest Price | $126.9300(-1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.8% a day on average for past five trading days. |
Weekly Trend | MAR advances 1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(75%) JETS(74%) IYT(67%) IWN(66%) IWM(65%) |
Factors Impacting MAR price | MAR will decline at least -1.04% in a week (0% probabilities). VIXM(-41%) UUP(-29%) VXX(-11%) TLT(-7%) SHY(-2%) |
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 | -1.04% (StdDev 2.08%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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