| MP latest price $35.2600 (-3.5%) ($35.1000 - $37.3000) on Fri. Feb. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.52% (three month average) |
RSI | 57 |
Latest Price | $35.2600(-3.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP advances 1.7% a day on average for past five trading days. |
Weekly Trend | MP advances 8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MP advance at 0% a week (0% probability) IWM(60%) IWO(60%) REMX(60%) IWC(59%) IDRV(58%) |
Factors Impacting MP price | MP will decline at least -3.26% in a week (0% probabilities). VIXM(-29%) UUP(-18%) VXX(-12%) TLT(-10%) SHY(0%) |
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 | -3.26% (StdDev 6.52%) |
Hourly BBV | -1.7 () |
Intraday Trend | -3.5% |
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