| MAR latest price $166.6950 (0.08%) ($166.6950 - $166.6950) on Wed. Dec. 29, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 62 |
Latest Price | $166.6950(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1% a day on average for past five trading days. |
Weekly Trend | MAR advances 3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(82%) JETS(74%) IWM(69%) IYT(69%) PAVE(68%) |
Factors Impacting MAR price | MAR will decline at least -1.055% in a week (0% probabilities). VIXM(-39%) UUP(-32%) VXX(-6%) TLT(-1%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|