| MJ latest price $30.3800 (-1.27%) ($30.3000 - $30.9100) on Thu. May. 24, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 64 |
Latest Price | $30.3800(-1.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | MJ advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IYT(46%) IVE(36%) IWD(36%) PAVE(35%) XLF(35%) |
Factors Impacting MJ price | MJ will decline at least -0.96% in a week (0% probabilities). UUP(-16%) TLT(-15%) VXX(-13%) VIXM(-12%) SHY(-3%) |
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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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