| MAR latest price $178.7100 (1.03%) ($178.7100 - $178.7100) on Thu. Jun. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 45 |
Latest Price | $178.7100(1.03%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(67%) IWO(58%) IWM(55%) PAVE(55%) IFRA(52%) |
Factors Impacting MAR price | MAR will decline at least -0.9% in a week (0% probabilities). VIXM(-40%) VXX(-31%) SHY(-19%) EDOC(-19%) BNDX(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
| |
|
|