| MAR latest price $202.3050 (1.2%) ($202.3050 - $202.3050) on Mon. Aug. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 42 |
Latest Price | $202.3050(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MAR advances 0.2% a day on average for past five trading days. |
Weekly Trend | MAR declines -1.4% 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) BLOK(82%) DIA(80%) XME(78%) IPO(75%) IWO(74%) |
Factors Impacting MAR price | MAR will decline at least -0.695% in a week (0% probabilities). VIXM(-59%) VXX(-55%) TBT(-42%) UUP(-10%) EDOC(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.695% (StdDev 1.39%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|