| MJ latest price $10.3900 (-0.19%) ($10.3100 - $10.5000) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 31 |
Latest Price | $10.3900(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | MJ declines -4.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IVE(12%) IWD(12%) XLF(12%) DIA(11%) XAR(11%) |
Factors Impacting MJ price | MJ will decline at least -0.985% in a week (0% probabilities). TAN(-9%) UUP(-6%) TLT(-5%) XBI(-4%) ICLN(-4%) |
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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
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