| MAR latest price $91.4700 (-1.7%) ($90.1000 - $93.1000) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 69 |
Latest Price | $91.4700(-1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.7% a day on average for past five trading days. |
Weekly Trend | MAR advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(77%) PEJ(75%) IWN(68%) IWD(67%) IVE(66%) |
Factors Impacting MAR price | MAR will decline at least -2.305% 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 | -2.305% (StdDev 4.61%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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