| MAR latest price $158.0900 (-0.93%) ($158.0900 - $158.0900) on Tue. Aug. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 81 |
Latest Price | $158.0900(-0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.9% a day on average for past five trading days. |
Weekly Trend | MAR advances 4.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(79%) JETS(67%) IWD(66%) IWM(66%) IWO(66%) |
Factors Impacting MAR price | MAR will decline at least -1.35% in a week (0% probabilities). UUP(-31%) VIXM(-21%) TBT(-11%) VXX(1%) EDOC(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.35% (StdDev 2.7%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
| |
|
|