| MJ latest price $34.9400 (0.26%) ($34.5600 - $35.1500) on Wed. Apr. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 41 |
Latest Price | $34.9400(0.26%) |
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 declines -1.8% 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(48%) XLC(48%) DIA(37%) IVE(37%) IWD(37%) |
Factors Impacting MJ price | MJ will decline at least -0.995% in a week (0% probabilities). UUP(-16%) TLT(-15%) VXX(-12%) VIXM(-9%) IDRV(-4%) |
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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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