| MP latest price $33.2300 (3.62%) ($31.5110 - $33.3250) on Tue. Feb. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 64 |
Latest Price | $33.2300(3.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP advances 0.4% a day on average for past five trading days. |
Weekly Trend | MP advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MP advance at 0% a week (0% probability) REMX(64%) XME(63%) IWM(62%) IWN(61%) LIT(61%) |
Factors Impacting MP price | MP will decline at least -1.78% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-15%) VCSH(-9%) TBT(-7%) |
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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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