| MJ latest price $6.0900 (0%) ($6.0210 - $6.1860) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 62 |
Latest Price | $6.0900(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | MJ advances 0.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IVE(99%) QQQ(94%) XHB(93%) IWO(86%) SPY(86%) |
Factors Impacting MJ price | MJ will decline at least -1.53% in a week (0% probabilities). UUP(-45%) TBT(-19%) USO(15%) TLT(24%) XLE(27%) |
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 | -1.53% (StdDev 3.06%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.2% |
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