| MP latest price $32.4000 (7.46%) ($31.2600 - $32.9100) on Thu. Nov. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 57 |
Latest Price | $32.4000(7.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP advances 2.2% a day on average for past five trading days. |
Weekly Trend | MP advances 1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MP advance at 0% a week (0% probability) REMX(68%) IWM(67%) LIT(67%) IDRV(66%) IWO(66%) |
Factors Impacting MP price | MP will decline at least -1.84% in a week (0% probabilities). VIXM(-10%) UUP(-8%) TLT(-5%) VXX(-4%) VCSH(-1%) |
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 | -1.84% (StdDev 3.68%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.7% |
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