| MAR latest price $161.1400 (1.31%) ($161.1400 - $161.2400) on Mon. Jan. 31, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 48 |
Latest Price | $161.1400(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.7% a day on average for past five trading days. |
Weekly Trend | MAR declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(82%) JETS(74%) IWM(69%) IYT(69%) IWN(68%) |
Factors Impacting MAR price | MAR will decline at least -1.075% in a week (0% probabilities). VIXM(-39%) UUP(-32%) VXX(-5%) TLT(-1%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.075% (StdDev 2.15%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|