| MJ latest price $33.2900 (0%) ($32.8700 - $33.8000) on Thu. Mar. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 48 |
Latest Price | $33.2900(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | MJ advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IYT(45%) IVE(36%) IWD(36%) XLF(35%) XLI(35%) |
Factors Impacting MJ price | MJ will decline at least -1.675% in a week (0% probabilities). UUP(-16%) TLT(-15%) VIXM(-13%) SHY(-3%) DIA(-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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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