| MAR latest price $87.5300 (-2.51%) ($87.0800 - $88.9800) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.85% (three month average) |
RSI | 39 |
Latest Price | $87.5300(-2.51%) |
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 -2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(78%) PEJ(76%) IWN(68%) IVE(67%) IWD(67%) |
Factors Impacting MAR price | MAR will decline at least -2.425% in a week (0% probabilities). VIXM(-42%) UUP(-26%) VXX(-13%) TLT(-12%) SHY(-3%) |
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 | -2.425% (StdDev 4.85%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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