| MJ latest price $9.5300 (-2.16%) ($9.4750 - $9.7450) on Mon. Mar. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 51 |
Latest Price | $9.5300(-2.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 2.3% a day on average for past five trading days. |
Weekly Trend | MJ advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) BLOK(75%) IBUY(75%) IWO(75%) IWM(74%) BOTZ(73%) |
Factors Impacting MJ price | MJ will decline at least -1.415% in a week (0% probabilities). VIXM(-68%) VXX(-45%) UUP(-34%) TLT(-3%) UNG(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.415% (StdDev 2.83%) |
Hourly BBV | -0 () |
Intraday Trend | -1.8% |
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