| MAR latest price $201.7400 (0.89%) ($201.7400 - $201.7400) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 66 |
Latest Price | $201.7400(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.8% a day on average for past five trading days. |
Weekly Trend | MAR advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MAR advance at 0% a week (0% probability) XHB(57%) PAVE(56%) PEJ(55%) IFRA(53%) IWM(51%) |
Factors Impacting MAR price | MAR will decline at least -0.78% in a week (0% probabilities). VIXM(-34%) VXX(-31%) TBT(-27%) SHY(-8%) UNG(-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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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