Trading Signals: MRTX Stock Price Prediction and Forecast

^ MRTX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Jun. 25, 2020

Trading Signals: MRTX Stock Price Prediction and Forecast (Mon. Aug. 10, 2015 - Fri. Dec. 22, 2023)

(Mirati Therapeutics Inc)
MRTX latest price $120.3900 (2.03%) ($115.3800 - $121.9000) on Thu. Jun. 25, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.03% (three month average)
RSI   81
Latest Price   $120.3900(2.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MRTX advances 2% a day on average for past five trading days.
Weekly Trend   MRTX advances 7.1% 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 MRTX advance at 0% a week (0% probability)
IBB(40%)    XBI(36%)    IWO(32%)    ARKG(31%)    IWC(30%)
Factors Impacting MRTX price   MRTX will decline at least -2.015% in a week (0% probabilities).
VIXM(-12%)    UUP(-9%)    VXX(-8%)    UNG(-3%)    TBT(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.015% (StdDev 4.03%)
Hourly BBV 0 ()
Intraday Trend 1.5%

5 Day Moving Average   $116.89(2.99%)
10 Day Moving Average   $111.97(7.52%)
20 Day Moving Average   $106.27(13.29%)
To recent high   0%
To recent low   67.2%
Market Cap   $5.355b

Mirati Therapeutics, Inc. is a clinical-stage oncology company. The firm engages in developing a pipeline of oncology products to treat genetic, immunological and epigenetic drivers of cancer in subsets of cancer patients. Its clinical pipeline consists of glesatinib, sitravatinib and mocetinostat. The company was founded on December 13, 1995 and is headquartered in San Diego, CA.

$. MRTX price fluctuates within 6.9% (three month std-dev: 4.03%) daily (68% of days).

Sample size 49 Average positive next day return: 2.23%(49%) Average negative next day return: -1.96%(51%) Sample size 49 Average positive next three day return: 3.97%(47%) Average negative next three day return: -3.94%(53%) Sample size 49 Average positive next weekly return: 5.6%(57%) Average negative next weekly return: -4.41%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200725

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_25_2020	91.99	106.27	111.97	116.89	116.71	117.64	120.39(2.03%)	UT	HoldLong	65	0.5	58	50	37	121	0.64	68%	0.32	54.1	4.03%	0	1.9	81	-0.3
2	Jun_24_2020	91.7	105.33	110	114.58	114.98	116.49	118(2.21%)	UT	HoldLong	65	0.5	56	100	36	115	0.46	71%	0.31	50.7	4.03%	0	1.9	82	-0.7
3	Jun_23_2020	91.42	104.56	108.6	112.11	112.77	115.78	115.45(-0.44%)	UD	OpenLong	75	0.6	66	200	52	108	0.37	71%	0.31	48.3	4.24%	0	1.9	71	-0
4	Jun_22_2020	91.14	103.97	107.51	110.57	110.25	113.47	115.96(1.14%)	UT	OpenLong	75	1	75	200	63	109	0.42	71%	0.32	43.3	4.24%	0	2.2	66	-0.2
5	Jun_19_2020	90.85	103.19	106.27	108.81	108.65	109.77	114.65(5.32%)	UT	OpenLong	75	1.2	70	70	58	105	1.02	71%	0.31	38.3	4.24%	0	2.4	68	-0.8

6	Jun_18_2020	90.57	102.45	104.52	106.36	106.58	107.03	108.86(3.06%)	UT	OpenLong	75	0.6	24	40	10	66	0.25	67%	0.24	29.4	4.22%	0	1.7	62	-0.7
7	Jun_17_2020	90.35	102.1	103.03	104.72	105.4	107.53	105.63(-1.97%)	UD	OpenLong	75	0.3	31	160	25	47	0.31	67%	0.18	16.9	4.26%	0	1	53	-0.9
8	Jun_16_2020	90.19	101.81	102.27	104.51	104.27	106.13	107.75(0.54%)	UT	OpenLong	75	0.9	43	120	42	46	0.34	60%	0.2	4.7	4.27%	0	1.7	54	-1
9	Jun_15_2020	90.01	101.66	101.49	103.96	103.49	103.26	107.17(4.69%)	UT	OpenLong	75	1	13	-30	10	22	0.34	60%	0.18	0.9	4.63%	0	1.6	52	-1.3
10	Jun_12_2020	89.85	101.43	100.5	103.4	103.78	102.42	102.37(1.67%)	N/A	N/A	0	-0.3	-5	-80	-8	6	0.4	59%	0.16	2.6	4.83%	0	0.3	51	-1.4

11	Jun_11_2020	89.71	101.32	100.17	102.38	103.52	103.72	100.69(-3.7%)	UD	OpenLong	75	-0.5	2	50	2	1	0.43	55%	0.11	3.2	4.92%	0	-0.2	51	-2.6
12	Jun_10_2020	89.61	101.51	100.36	100.92	101.84	105.13	104.56(-0.42%)	UD	OpenLong	75	1.1	29	250	37	6	0.33	55%	0.12	7.9	5.08%	0	0.9	52	0.9
13	Jun_9_2020	89.5	101.65	100.22	99.6	99.45	103.31	105(0.59%)	UT	OpenLong	75	1.5	47	270	59	10	0.54	53%	0.18	17.7	5.09%	0	1	57	1
14	Jun_8_2020	89.34	101.64	100.11	98.69	98.05	98.55	104.38(7.31%)	RB	SmallLong	20	1.6	28	20	39	-5	0.51	53%	0.09	29.1	5.14%	0	0.8	47	1.6
15	Jun_5_2020	89.26	101.35	99.77	97.33	97.32	95.59	97.27(4.13%)	DP	OpenShort	-75	-0	-29	-120	-25	-42	0.44	49%	0	39	5.07%	0	-1.2	43	2

16	Jun_4_2020	89.26	101.22	100.16	97.72	98.04	97.55	93.41(-4.61%)	DT	OpenShort	-75	-1.1	-33	-30	-30	-41	0.33	50%	-0.06	49.1	5.12%	0	-2	43	1.6
17	Jun_3_2020	89.31	101.25	101.15	99.63	99.35	99.05	97.92(-2.56%)	DT	OpenShort	-75	-0.4	-10	-30	-6	-22	0.41	49%	0.01	67.3	5.12%	0	-0.8	42	1.7
18	Jun_2_2020	89.3	101.03	101.4	100.85	100.48	98.52	100.49(2.99%)	DP	OpenShort	-75	-0.1	-22	-150	-20	-28	0.45	51%	0.02	73.2	5.14%	0	-0.1	40	1.3
19	Jun_1_2020	89.28	100.62	101.92	101.75	101.5	99.66	97.57(-1.63%)	DT	OpenShort	-75	-0.9	-36	-130	-38	-30	0.63	51%	-0.01	73.7	5.18%	0	-0.6	41	1
20	May_29_2020	89.29	100	102.54	102.56	102.98	102.44	99.19(-3.7%)	DT	OpenShort	-75	-0.5	-9	-20	-9	-9	0.56	51%	0.01	60.7	5.22%	0	-0.1	53	1.3

21	May_28_2020	89.28	99.37	102.7	102.92	102.88	103.34	103(-0.98%)	UD	OpenLong	75	0	4	30	4	5	0.27	53%	-0.02	56.5	5.24%	0	0.5	63	0.9
22	May_27_2020	89.3	98.64	102.84	102.84	101.85	103.52	104.02(-0.89%)	UD	OpenLong	75	0.2	18	90	16	22	0.53	51%	0.02	54.3	5.28%	0	0.7	66	1.5
23	May_26_2020	89.28	97.89	103.21	102.03	101.44	102.42	104.95(3.28%)	UT	OpenLong	75	0.4	26	50	22	37	0.73	53%	-0.38	52.3	5.32%	0	0.9	67	1.3
24	May_22_2020	89.62	97.14	103.23	102.24	101.2	100.19	101.62(0.61%)	N/A	N/A	0	-0.1	0	-100	-13	39	0.32	50%	-0.17	49.2	5.35%	0	0.6	65	1.2
25	May_21_2020	89.77	96.36	103	102.59	102.8	100.46	101(-1.59%)	UD	OpenLong	65	-0.2	1	-150	-18	58	0.55	50%		46.2	5.39%	0	0.6	73	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.