| MAR latest price $174.1700 (1.07%) ($174.1700 - $174.6900) on Thu. Jan. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 91 |
Latest Price | $174.1700(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1.5% a day on average for past five trading days. |
Weekly Trend | MAR advances 5.5% 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(68%) JETS(55%) PAVE(55%) XHB(54%) XLB(54%) |
Factors Impacting MAR price | MAR will decline at least -0.91% in a week (0% probabilities). VIXM(-41%) SHY(-28%) BNDX(-16%) VXX(-12%) IGOV(-12%) |
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 | -0.91% (StdDev 1.82%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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