| MJ latest price $23.9400 (8.87%) ($23.9300 - $23.9400) on Thu. Feb. 4, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 42 |
Latest Price | $23.9400(8.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 1.8% a day on average for past five trading days. |
Weekly Trend | MJ declines -3.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IYT(41%) IVE(34%) IWD(34%) VT(34%) VYM(33%) |
Factors Impacting MJ price | MJ will decline at least -1.085% in a week (0% probabilities). VIXM(-14%) UUP(-14%) TLT(-11%) SHY(-2%) IPO(0%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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