| MP latest price $21.3800 (-1.2%) ($21.2800 - $22.0700) on Tue. Sep. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 61 |
Latest Price | $21.3800(-1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP declines -0.1% a day on average for past five trading days. |
Weekly Trend | MP advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MP advance at 0% a week (0% probability) XRT(76%) REMX(72%) IWM(71%) IWN(71%) TAN(71%) |
Factors Impacting MP price | MP will decline at least -1.16% in a week (0% probabilities). VXX(-23%) TBT(-21%) UUP(-20%) VIXM(-16%) UNG(9%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.16% (StdDev 2.32%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.7% |
| |
|
|