| MAR latest price $166.9800 (1.09%) ($166.9800 - $166.9800) on Fri. Jan. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 79 |
Latest Price | $166.9800(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.2% a day on average for past five trading days. |
Weekly Trend | MAR advances 2.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(82%) JETS(74%) IYT(69%) IWM(68%) PAVE(68%) |
Factors Impacting MAR price | MAR will decline at least -1.025% in a week (0% probabilities). VIXM(-39%) UUP(-32%) VXX(-6%) SHY(-1%) TLT(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.025% (StdDev 2.05%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
| |
|
|