| MAR latest price $193.7400 (0.93%) ($193.7400 - $193.7400) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 81 |
Latest Price | $193.7400(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.3% a day on average for past five trading days. |
Weekly Trend | MAR advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(57%) PAVE(54%) IWO(51%) XAR(50%) XLI(50%) |
Factors Impacting MAR price | MAR will decline at least -0.815% in a week (0% probabilities). VIXM(-32%) VXX(-26%) TBT(-21%) UUP(-3%) SLV(-3%) |
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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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