| MAR latest price $153.5600 (4.03%) ($153.5600 - $153.9800) on Fri. Oct. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 68 |
Latest Price | $153.5600(4.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1.4% a day on average for past five trading days. |
Weekly Trend | MAR advances 2.1% 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(74%) PAVE(62%) IWD(61%) IWM(60%) IWO(60%) |
Factors Impacting MAR price | MAR will decline at least -1.055% in a week (0% probabilities). UUP(-19%) VIXM(-10%) SHY(-9%) TBT(-5%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
| |
|
|