| MJ latest price $37.6500 (0.86%) ($36.2400 - $37.9900) on Fri. Jan. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 55 |
Latest Price | $37.6500(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 0.6% a day on average for past five trading days. |
Weekly Trend | MJ advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IYT(45%) IVE(36%) IWD(36%) PAVE(35%) VT(35%) |
Factors Impacting MJ price | MJ will decline at least -1.265% in a week (0% probabilities). UUP(-16%) TLT(-14%) VIXM(-13%) SHY(-3%) IGOV(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 | -1.265% (StdDev 2.53%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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