| MJ latest price $24.9600 (3.14%) ($24.3180 - $25.2600) on Fri. Feb. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.45% (three month average) |
RSI | 68 |
Latest Price | $24.9600(3.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ declines -0.1% a day on average for past five trading days. |
Weekly Trend | MJ advances 7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) IBUY(64%) IWC(64%) IWO(64%) IWM(63%) IPO(62%) |
Factors Impacting MJ price | MJ will decline at least -2.725% in a week (0% probabilities). VIXM(-44%) VXX(-37%) UUP(-27%) TLT(-10%) IGOV(-5%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.725% (StdDev 5.45%) |
Hourly BBV | -0.6 () |
Intraday Trend | 1.3% |
| |
|
|