| MNST latest price $58.5650 (1.5%) ($58.5650 - $58.7300) on Wed. May. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.57% (three month average) |
RSI | 45 |
Latest Price | $58.5650(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MNST advances 0.2% a day on average for past five trading days. |
Weekly Trend | MNST declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MNST advance at 0% a week (0% probability) IVW(59%) XLP(58%) XLV(56%) SPY(55%) QQQ(50%) |
Factors Impacting MNST price | MNST will decline at least -3.285% in a week (0% probabilities). VXX(-41%) VIXM(-40%) USO(-26%) XOP(-22%) XLE(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.285% (StdDev 6.57%) |
Hourly BBV | 2.4 () |
Intraday Trend | 0% |
| |
|
|