| MTP latest price $136.6100 (0.08%) ($129.7850 - $136.6100) on Thu. May. 18, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 48 |
Latest Price | $136.6100(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 0.8% a day on average for past five trading days. |
Weekly Trend | MTP declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) GLD(10%) GDX(8%) IPO(7%) SIL(7%) XME(5%) |
Factors Impacting MTP price | MTP will decline at least -1.39% in a week (0% probabilities). BNDX(-8%) PCY(-6%) XLV(-4%) XLRE(-4%) XBI(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.39% (StdDev 2.78%) |
Hourly BBV | 0 () |
Intraday Trend | 5.3% |
| |
|
|