| MJ latest price $27.9000 (3.03%) ($27.8000 - $27.9000) on Fri. Mar. 10, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 58 |
Latest Price | $27.9000(3.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | MJ declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IYT(43%) IVE(35%) IWD(35%) VT(34%) VYM(34%) |
Factors Impacting MJ price | MJ will decline at least -0.805% in a week (0% probabilities). UUP(-15%) VIXM(-14%) TLT(-13%) SHY(-2%) IPO(-2%) |
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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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