| MJ latest price $6.4100 (-1.38%) ($6.3240 - $6.5200) on Mon. Jun. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 38 |
Latest Price | $6.4100(-1.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MJ advances 1.1% a day on average for past five trading days. |
Weekly Trend | MJ declines -3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MJ advance at 0% a week (0% probability) BLOK(79%) IBUY(78%) IPO(77%) IWO(76%) ONLN(75%) |
Factors Impacting MJ price | MJ will decline at least -1.45% in a week (0% probabilities). UUP(-31%) UNG(-7%) TLT(-4%) EDOC(3%) SHY(4%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.7% |
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