| MJ latest price $10.5600 (7.87%) ($9.6600 - $10.7000) on Thu. Mar. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 68 |
Latest Price | $10.5600(7.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 2.3% a day on average for past five trading days. |
Weekly Trend | MJ advances 6.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.505% in a week (0% probabilities). VIXM(-68%) VXX(-46%) UUP(-34%) TLT(-4%) UNG(-0%) |
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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 3.7 () |
Intraday Trend | 6.5% |
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