| MAR latest price $173.8300 (0.13%) ($172.7400 - $173.8300) on Thu. Apr. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 72 |
Latest Price | $173.8300(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 1% a day on average for past five trading days. |
Weekly Trend | MAR advances 2.6% 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) PEJ(60%) PAVE(52%) XHB(52%) XLI(49%) XAR(47%) |
Factors Impacting MAR price | MAR will decline at least -0.8% in a week (0% probabilities). VIXM(-28%) VXX(-27%) SHY(-13%) EDOC(-11%) TBT(-10%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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