| MAR latest price $193.7300 (-0.6%) ($193.7300 - $193.7300) on Wed. Jul. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 71 |
Latest Price | $193.7300(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.4% 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 | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) PEJ(54%) PAVE(51%) XHB(49%) DIA(47%) IFRA(47%) |
Factors Impacting MAR price | MAR will decline at least -0.775% in a week (0% probabilities). VIXM(-37%) VXX(-32%) TBT(-22%) SHY(-10%) SLV(-2%) |
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 | -0.775% (StdDev 1.55%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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