| MJ latest price $35.5700 (9.21%) ($33.1200 - $35.6700) on Tue. Jan. 2, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 86 |
Latest Price | $35.5700(9.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 4.1% a day on average for past five trading days. |
Weekly Trend | MJ advances 5.4% 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 MJ advance at 0% a week (0% probability) IYT(44%) IVE(36%) IWD(36%) PAVE(34%) SDY(34%) |
Factors Impacting MJ price | MJ will decline at least -0.855% in a week (0% probabilities). UUP(-15%) TLT(-14%) VIXM(-13%) SHY(-3%) 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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 0 () |
Intraday Trend | 5.6% |
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