| MTP latest price $236.0000 (-2.48%) ($232.5000 - $238.6900) on Thu. Apr. 28, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 52 |
Latest Price | $236.0000(-2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 1.1% a day on average for past five trading days. |
Weekly Trend | MTP advances 3.5% 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 MTP advance at 0% a week (0% probability) GDXJ(4%) USO(4%) TBT(3%) XLE(3%) XOP(3%) |
Factors Impacting MTP price | MTP will decline at least -1.955% in a week (0% probabilities). UNG(-4%) LQD(-4%) EWP(-4%) EWG(-4%) XLU(-3%) |
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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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