| MJ latest price $11.7000 (-0.93%) ($11.6200 - $11.8000) on Mon. May. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.25% (three month average) |
RSI | 60 |
Latest Price | $11.7000(-0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ declines -0.4% a day on average for past five trading days. |
Weekly Trend | MJ advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) XLC(42%) IYT(40%) DIA(20%) IVE(20%) IWD(20%) |
Factors Impacting MJ price | MJ will decline at least -2.125% in a week (0% probabilities). UUP(-9%) TLT(-9%) VXX(-7%) VIXM(-6%) BNDX(-5%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.125% (StdDev 4.25%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|