| MJ latest price $29.7500 (0%) ($0.0000 - $0.0000) on Thu. Jun. 8, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 65 |
Latest Price | $29.7500(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 0.2% a day on average for past five trading days. |
Weekly Trend | MJ advances 0.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IYT(44%) IVE(35%) IWD(35%) PAVE(34%) VT(34%) |
Factors Impacting MJ price | MJ will decline at least -0.69% in a week (0% probabilities). UUP(-15%) VIXM(-14%) TLT(-14%) SHY(-2%) IGOV(-0%) |
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 | -0.69% (StdDev 1.38%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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