| MAR latest price $158.8000 (0.49%) ($158.8000 - $159.7500) on Fri. Jul. 29, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 87 |
Latest Price | $158.8000(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1% a day on average for past five trading days. |
Weekly Trend | MAR advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(79%) JETS(67%) IWD(66%) IWM(66%) IWO(66%) |
Factors Impacting MAR price | MAR will decline at least -1.36% in a week (0% probabilities). UUP(-30%) VIXM(-21%) TBT(-10%) EDOC(-4%) VXX(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|