| MJ latest price $10.3300 (-4.88%) ($10.3080 - $10.8800) on Mon. Feb. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 58 |
Latest Price | $10.3300(-4.88%) |
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 4.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) BLOK(76%) IBUY(76%) IWO(76%) DRIV(75%) IWM(75%) |
Factors Impacting MJ price | MJ will decline at least -1.34% in a week (0% probabilities). VIXM(-65%) VXX(-45%) UUP(-36%) TLT(-7%) UNG(-3%) |
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 | -1.34% (StdDev 2.68%) |
Hourly BBV | -2 () |
Intraday Trend | -4.4% |
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