| MAR latest price $116.7915 (1.39%) ($115.7150 - $118.3565) on Wed. Nov. 21, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 40 |
Latest Price | $116.7915(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.2% a day on average for past five trading days. |
Weekly Trend | MAR declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(77%) JETS(75%) IWN(67%) IWM(66%) PAVE(65%) |
Factors Impacting MAR price | MAR will decline at least -0.83% in a week (0% probabilities). VXX(-17%) VIXM(-16%) UUP(-16%) TLT(-14%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.83% (StdDev 1.66%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|