| MJ latest price $9.7900 (-1.11%) ($9.7550 - $10.2200) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 57 |
Latest Price | $9.7900(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 1.4% a day on average for past five trading days. |
Weekly Trend | MJ advances 4.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) BLOK(75%) IBUY(75%) IWO(75%) IWM(74%) BOTZ(73%) |
Factors Impacting MJ price | MJ will decline at least -1.425% in a week (0% probabilities). VIXM(-68%) VXX(-46%) UUP(-34%) TLT(-3%) UNG(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.425% (StdDev 2.85%) |
Hourly BBV | -0.1 () |
Intraday Trend | -3.4% |
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