| MJ latest price $7.8300 (2.09%) ($7.5500 - $7.9750) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 46 |
Latest Price | $7.8300(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 1% a day on average for past five trading days. |
Weekly Trend | MJ declines -5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IBUY(78%) BLOK(77%) IPO(76%) IWO(76%) ONLN(76%) |
Factors Impacting MJ price | MJ will decline at least -1.62% in a week (0% probabilities). VIXM(-76%) VXX(-41%) UUP(-32%) TLT(-10%) UNG(-5%) |
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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.4% |
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