| MAR latest price $176.2350 (2.28%) ($176.2350 - $176.5300) on Tue. Feb. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 79 |
Latest Price | $176.2350(2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.3% a day on average for past five trading days. |
Weekly Trend | MAR advances 2.7% 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(66%) PAVE(56%) JETS(54%) XHB(54%) XLB(53%) |
Factors Impacting MAR price | MAR will decline at least -0.825% in a week (0% probabilities). VIXM(-40%) SHY(-27%) BNDX(-14%) VXX(-12%) BND(-9%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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