| MAR latest price $90.0400 (2.87%) ($86.4900 - $90.0400) on Wed. Jul. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.64% (three month average) |
RSI | 48 |
Latest Price | $90.0400(2.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1% a day on average for past five trading days. |
Weekly Trend | MAR declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally 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 -2.32% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.32% (StdDev 4.64%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|