| MAR latest price $79.0800 (12.73%) ($75.0000 - $81.3610) on Tue. Mar. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 32 |
Latest Price | $79.0800(12.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1.1% a day on average for past five trading days. |
Weekly Trend | MAR declines -19.8% 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 MAR advance at 0% a week (0% probability) PEJ(78%) JETS(76%) IWN(68%) IWM(66%) IWD(64%) |
Factors Impacting MAR price | MAR will decline at least -2.33% in a week (0% probabilities). VIXM(-44%) UUP(-25%) VXX(-16%) TLT(-9%) SHY(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.33% (StdDev 4.66%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|