| MAR latest price $98.2600 (-2.42%) ($96.9100 - $99.5300) on Tue. Oct. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 63 |
Latest Price | $98.2600(-2.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.3% a day on average for past five trading days. |
Weekly Trend | MAR advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) JETS(77%) PEJ(75%) IVE(67%) IWD(67%) IWN(67%) |
Factors Impacting MAR price | MAR will decline at least -1.235% in a week (0% probabilities). VIXM(-44%) UUP(-28%) VXX(-13%) TLT(-11%) EDOC(-6%) |
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 | -1.235% (StdDev 2.47%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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