Trading Signals: MRTX Stock Price Prediction and Forecast

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Wed. Sep. 16, 2020

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

(Mirati Therapeutics Inc)
MRTX latest price $162.8500 (3.29%) ($158.6100 - $165.3600) on Wed. Sep. 16, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.99% (three month average)
RSI   60
Latest Price   $162.8500(3.29%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MRTX advances 3.2% a day on average for past five trading days.
Weekly Trend   MRTX declines -0.5% a week on average for past two weeks.
Market Behavior   Rotation from growth to value 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(35%)    IWO(32%)    ARKG(30%)    SKYY(30%)
Factors Impacting MRTX price   MRTX will decline at least -1.495% in a week (0% probabilities).
VIXM(-11%)    UUP(-9%)    VXX(-8%)    UNG(-4%)    TBT(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.495% (StdDev 2.99%)
Hourly BBV 1.1 ()
Intraday Trend 0%

5 Day Moving Average   $146.35(11.27%)
10 Day Moving Average   $143.35(13.6%)
20 Day Moving Average   $145.25(12.12%)
To recent high   0%
To recent low   54.2%
Market Cap   $7.244b

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 5.03% (three month std-dev: 2.99%) daily (68% of days).

Sample size 2 Average positive next day return: 4.76%(50%) Average negative next day return: -2.25%(50%) Sample size 2 Average positive next three day return: 10.02%(50%) Average negative next three day return: -3.31%(50%) Sample size 2 Average positive next weekly return: 5.25%(50%) Average negative next weekly return: -2.05%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201016

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	Sep_16_2020	118.88	145.25	143.35	146.35	148.77	158.8	162.85(3.29%)	UT	OpenLong	75	2.3	199	520	237	85	0.8	76%	0.64	25.8	2.99%	1.1	2.4	60	0.7
2	Sep_15_2020	118.12	144.08	141.74	141.76	142.23	149.83	157.66(8.25%)	UT	OpenLong	75	2.6	197	380	245	53	0.9	76%	0.59	20.8	2.97%	1.9	2.2	57	0.6
3	Sep_14_2020	117.43	143.32	140.65	137.48	138.54	138.75	145.65(10.19%)	RB	SmallLong	20	1.5	64	30	99	-42	0.9	73%	0.53	13	2.86%	1.3	0.4	45	0.6
4	Sep_11_2020	116.81	142.98	140.87	136.02	136.65	134.63	132.18(-0.92%)	DT	OpenShort	-75	-0.7	-104	-90	-93	-135	0.41	70%	0.41	13.6	2.59%	-1.7	-2	32	0.3
5	Sep_10_2020	116.33	143.36	142.48	137.5	137.8	138.34	133.41(-4.64%)	DT	OpenShort	-75	-0.8	-46	30	-31	-91	0.34	70%	0.41	31.4	2.64%	-2.2	-2	36	-0.6

6	Sep_9_2020	115.86	143.39	144.07	139.67	138.95	138.66	139.9(2.68%)	DP	OpenShort	-65	0	-13	-30	1	-56	0.32	75%	0.48	48	2.56%	0.8	-0.7	45	-0.4
7	Sep_8_2020	115.31	142.8	144.97	141.65	140.28	137.26	136.25(-1.53%)	DT	OpenShort	-75	-0.9	-86	-180	-92	-66	0.32	76%	0.58	50.1	2.55%	-1	-1	45	-1.2
8	Sep_4_2020	114.65	142.63	146.31	144.29	143.6	139.23	138.36(-0.88%)	DT	OpenShort	-75	-0.8	-104	-230	-122	-48	0.33	76%	0.46	58.3	2.69%	-0.9	-0.6	42	-1.6
9	Sep_3_2020	114.13	142.25	147.07	146.48	146.77	143.3	139.59(-3.23%)	DT	OpenShort	-75	-0.9	-93	-160	-117	-19	0.32	76%	0.5	68.9	2.76%	-1.7	-0.4	56	-3.2
10	Sep_2_2020	113.56	141.83	147.62	148.12	149.03	147.96	144.25(-3.71%)	CR	SmallShort	-20	-0.5	-32	-30	-52	30	0.47	80%	0.53	74.4	2.75%	-1.8	0.3	66	-1.3

11	Sep_1_2020	112.96	140.96	147.64	149.03	149.59	150.23	149.8(0.23%)	UT	HoldLong	65	0.1	26	40	7	81	0.24	85%	0.61	77.8	2.71%	0	1	85	-1
12	Aug_31_2020	112.28	139.7	146.78	148.81	149.32	150.09	149.46(0.1%)	UT	HoldLong	65	0.1	47	50	26	111	0.31	85%	0.34	80.2	2.72%	0.4	1.1	88	-0.6
13	Aug_28_2020	111.9	138.59	146.24	148.71	148.9	148.96	149.31(1.01%)	UT	OpenLong	75	0.1	44	10	17	126	0.34	85%	0.62	81.1	2.78%	-0.7	1.1	75	0.5
14	Aug_27_2020	111.21	137.21	145.21	147.83	148.39	148.55	147.81(-0.64%)	UD	OpenLong	75	-0	39	20	8	133	0.31	85%	0.64	80.3	2.78%	-0.5	1.1	76	0.5
15	Aug_26_2020	110.5	135.92	144.24	147.03	147.53	148.84	148.76(0.02%)	UT	OpenLong	75	0.2	60	70	30	150	0.28	85%	0.67	75.8	2.78%	0.7	1.3	75	1

16	Aug_25_2020	109.77	134.31	142.59	146	146.23	148.24	148.73(-0.13%)	UD	OpenLong	75	0.3	87	100	60	166	0.41	85%	0.65	70.4	2.8%	0.6	1.4	78	1.3
17	Aug_24_2020	109.06	132.82	140.41	144.43	144.72	146.22	148.93(2.77%)	UT	HoldLong	65	0.5	85	80	60	159	0.49	85%	0.71	66	2.82%	2	1.7	79	1.3
18	Aug_21_2020	108.29	131.35	138.59	143.46	142.84	144.22	144.91(0.77%)	UT	OpenLong	75	0.2	60	50	30	149	0.3	85%	0.66	61.8	2.81%	0.2	1.4	71	1.4
19	Aug_20_2020	107.58	129.93	136.99	142.21	142.31	143.23	143.8(0.1%)	UT	OpenLong	75	0.2	80	50	53	162	0.31	85%	0.69	56.2	2.82%	1.1	1.5	75	1.5
20	Aug_19_2020	106.84	128.69	135.55	141.01	140.81	141.46	143.65(1.97%)	UT	OpenLong	75	0.3	63	30	31	158	0.66	78%	0.64	54.9	2.83%	0.1	1.8	74	1.5

21	Aug_18_2020	106.16	127.59	133.73	138.6	139.19	141.4	140.87(-2.21%)	UD	OpenLong	75	0.3	86	120	61	161	0.43	78%	0.56	51.2	2.94%	0.2	1.7	77	1.8
22	Aug_17_2020	105.57	126.7	132.05	135.64	136.74	140.16	144.05(3.86%)	UT	OpenLong	75	1.2	121	200	107	164	0.3	78%	0.67	46.7	2.93%	0.4	2.4	75	1.9
23	Aug_14_2020	104.87	125.79	130.25	133	132.91	136.98	138.7(0.66%)	UT	OpenLong	75	1	105	210	91	147	0.25	76%	0.57	55.5	2.92%	0.9	2.2	70	1.6
24	Aug_13_2020	104.28	125.03	128.49	131.04	131.17	133.31	137.79(4.7%)	UT	OpenLong	75	1.3	107	120	96	139	0.36	76%	0.54	62.3	2.98%	1.4	2.5	72	1.5
25	Aug_12_2020	103.72	124.19	126.83	129.39	129.95	128.85	131.6(4.39%)	UT	OpenLong	75	0.5	33	-50	12	97	0.31	74%		71.9	2.97%	0.6	1.7	63	1.6
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

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