| MAR latest price $93.0500 (-0.89%) ($90.7630 - $93.4300) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.64% (three month average) |
RSI | 64 |
Latest Price | $93.0500(-0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1.5% a day on average for past five trading days. |
Weekly Trend | MAR advances 3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(77%) 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(-41%) 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 | -2.32% (StdDev 4.64%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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