Trading Signals: MRTX Stock Price Prediction and Forecast

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Wed. Jun. 8, 2022

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

(Mirati Therapeutics Inc)
MRTX latest price $60.3800 (2.29%) ($60.3800 - $60.3800) on Wed. Jun. 8, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.24% (three month average)
RSI   56
Latest Price   $60.3800(2.29%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MRTX advances 9% a day on average for past five trading days.
Weekly Trend   MRTX declines -9.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MRTX advance at 0% a week (0% probability)
IBB(35%)    IWC(30%)    IWO(27%)    IWM(26%)    IWN(25%)
Factors Impacting MRTX price   MRTX will decline at least -3.62% in a week (0% probabilities).
VIXM(-7%)    UUP(-7%)    VXX(-6%)    UNG(-6%)    TBT(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.62% (StdDev 7.24%)
Hourly BBV 0.8 ()
Intraday Trend 0%

5 Day Moving Average   $49.41(22.2%)
10 Day Moving Average   $48.3(25.01%)
20 Day Moving Average   $52.98(13.97%)
To recent high   -31.9%
To recent low   54%
Market Cap   $2.686b

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 15.84% (three month std-dev: 7.24%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220708

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_8_2022	80.96	52.98	48.3	49.41	51.96	59.71	60.38(2.29%)	N/A	N/A	0	1.3	70	1200	105	-36	3.99	47%	-0.7	-25.3	7.24%	0.8	0.9	56	0.9
2	Jun_7_2022	81.53	52.66	47.89	45.33	46.93	51.09	59.03(36.8%)	N/A	N/A	0	1.7	52	730	94	-75	8.91	47%	-0.28	-42.8	7.24%	1.9	0.8	53	1.2
3	Jun_6_2022	81.76	52.33	48.06	41.36	42.17	44.22	43.15(-2.44%)	DP	OpenShort	-65	0.2	-23	400	25	-166	2.49	34%	-1.02	-60.5	5.54%	0.1	-1.1	39	1.1
4	Jun_3_2022	82.6	53.05	50	40.67	41.18	42.77	44.23(9.86%)	DP	OpenShort	-65	0.5	-36	310	8	-166	3.54	33%	-0.91	-67.5	5.56%	1	-1.1	39	1.4
5	Jun_2_2022	83.36	53.97	51.51	43.51	39.83	40.12	40.26(0.73%)	DP	OpenShort	-75	-0.4	-76	-200	-48	-158	0.72	29%	-1.01	-61.3	5.4%	0.9	-1.8	39	1.3

6	Jun_1_2022	84.21	55.18	53.34	47.06	44.37	39.59	39.97(1.96%)	DP	OpenShort	-75	-1	-68	-930	-52	-116	1.1	29%	-1.06	-54.6	5.39%	1.1	-2.1	40	1.5
7	May_31_2022	85.11	56.44	55.45	50.83	48.88	39.55	39.2(-1.26%)	DT	OpenShort	-75	-1.7	-137	-1450	-147	-106	2.55	29%	-1.57	-48	5.51%	-0.7	-2.6	36	1.4
8	May_27_2022	86.47	57.76	57.36	55.71	54.03	49.16	39.7(-32.04%)	DT	OpenShort	-75	-2.9	-121	-720	-145	-49	12.57	29%	-1.13	-41	5.4%	-1.2	-3.3	40	1.8
9	May_26_2022	87.46	58.96	59.29	60.43	59.89	58.21	58.42(0.73%)	UD	OpenLong	65	-0.5	4	-220	-21	80	0.36	37%	-0.92	-35.9	3.76%	0	-0.1	54	1.8
10	May_25_2022	88.27	59.22	58.83	60.64	61.11	58.89	58(-1.45%)	N/A	N/A	0	-0.7	-15	-230	-38	54	0.61	37%	-0.96	-41.2	3.78%	-0.8	-0.3	45	1.7

11	May_24_2022	89.13	59.54	58.33	60.58	61.53	61.57	58.85(-7.44%)	N/A	N/A	0	-0.4	-8	50	-21	31	0.51	37%	-1.03	-51.5	3.79%	-1.8	-0.2	43	2.1
12	May_23_2022	90.06	59.87	57.98	60.8	61	63.33	63.58(0.41%)	UT	OpenLong	75	0.6	43	280	44	38	0.92	37%	-0.93	-54.4	3.73%	0.9	0.8	48	2.2
13	May_20_2022	90.91	60.14	56.91	59.37	60.16	61.49	63.32(6.47%)	RB	SmallLong	20	0.8	45	190	61	-5	0.72	37%	-0.94	-63.4	3.79%	1.5	0.6	47	2
14	May_19_2022	91.77	60.39	56.19	58.06	58.69	58.67	59.47(3.1%)	DP	OpenShort	-65	0.3	-2	30	16	-57	0.41	33%	-0.94	-73.1	3.71%	1.3	-0.2	46	1.7
15	May_18_2022	92.64	60.94	56.38	56.79	57.96	58.82	57.68(-3.81%)	DP	OpenShort	-65	0.1	-5	170	20	-79	0.43	33%	-0.95	-75	3.71%	-0.8	-0.5	40	2

16	May_17_2022	93.53	61.82	56.92	55.7	56.95	58.7	59.97(6.3%)	N/A	N/A	0	0.6	12	280	45	-89	0.47	34%	-0.94	-74.2	3.69%	1.4	-0.3	42	1.8
17	May_16_2022	94.42	62.6	57.25	54.73	55.29	57.09	56.41(-0.6%)	N/A	N/A	0	0.2	0	260	38	-113	0.46	26%	-0.41	-75.2	3.59%	0.6	-0.8	33	2.4
18	May_13_2022	94.81	63.59	57.99	54.09	54.71	55.19	56.75(6.77%)	DP	OpenShort	-65	0.3	-11	100	28	-127	1.37	30%	-1.03	-81.8	3.94%	1.7	-0.9	29	1.6
19	May_12_2022	95.8	64.8	58.49	54.12	53.83	53.49	53.15(1.82%)	DP	OpenShort	-75	-0.1	-69	-60	-35	-172	0.96	26%	-1.02	-77.2	3.85%	-0.9	-1.4	22	1.6
20	May_11_2022	96.79	66.21	59.61	55.97	54.86	54.23	52.2(-5.31%)	DT	HoldShort	-65	-0.4	-70	-140	-38	-165	0.77	26%	-1.03	-73.7	3.87%	-1.3	-1.6	18	1.8

21	May_10_2022	97.8	67.6	60.91	58.33	57.13	54.17	55.13(3.62%)	DP	OpenShort	-75	-0.4	-79	-420	-50	-165	0.75	25%	-0.95	-74	3.84%	0.1	-1.5	17	2.4
22	May_9_2022	98.74	68.96	62.02	60.16	59.35	55.5	53.21(-6.51%)	DT	HoldShort	-65	-0.8	-120	-490	-99	-182	1.04	30%	-0.93	-72.6	3.88%	-1.1	-1.9	11	2
23	May_6_2022	99.67	70.58	63.77	62.41	62.12	60.1	56.91(-8.81%)	DT	HoldShort	-65	-0.7	-80	-240	-58	-144	1.1	29%	-0.82	-69	4.12%	-1.4	-1.7	13	1.4
24	May_5_2022	100.49	72.04	65.08	63.41	63.78	63.2	62.41(-2.49%)	DT	HoldShort	-65	-0.1	-45	-50	-13	-139	1.03	31%	-0.8	-65.7	4.04%	-1.1	-1.2	13	1.7
25	May_4_2022	101.3	73.26	65.96	63.76	63.62	64.15	64(-0.47%)	DT	HoldShort	-65	0	-41	50	-5	-149	0.9	31%		-61.6	4.06%	0.4	-1.1	15	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

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