| MAR latest price $166.3450 (2.04%) ($166.3450 - $166.5350) on Tue. Aug. 16, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 72 |
Latest Price | $166.3450(2.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1% a day on average for past five trading days. |
Weekly Trend | MAR advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stock rally 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 -1.23% in a week (0% probabilities). UUP(-30%) VIXM(-20%) TBT(-10%) SHY(0%) EDOC(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.23% (StdDev 2.46%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
| |
|
|