| MJ latest price $11.2200 (6.25%) ($10.5200 - $11.4500) on Fri. Mar. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.09% (three month average) |
RSI | 78 |
Latest Price | $11.2200(6.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 3% a day on average for past five trading days. |
Weekly Trend | MJ advances 7.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value 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 -1.545% in a week (0% probabilities). VIXM(-67%) VXX(-47%) 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 | -1.545% (StdDev 3.09%) |
Hourly BBV | 1.7 () |
Intraday Trend | -1.1% |
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