| MJ latest price $12.4000 (-1.2%) ($12.3000 - $12.5200) on Fri. Aug. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 34 |
Latest Price | $12.4000(-1.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ declines -0.5% a day on average for past five trading days. |
Weekly Trend | MJ declines -2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) XLC(42%) IYT(40%) DIA(13%) IVE(13%) IWD(13%) |
Factors Impacting MJ price | MJ will decline at least -1.205% in a week (0% probabilities). TAN(-8%) IGOV(-8%) UUP(-7%) TLT(-6%) BNDX(-4%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.205% (StdDev 2.41%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|