| MTP latest price $49.0000 (3.43%) ($45.0050 - $49.0000) on Thu. Mar. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.85% (three month average) |
RSI | 51 |
Latest Price | $49.0000(3.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 0.4% a day on average for past five trading days. |
Weekly Trend | MTP declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) REMX(14%) XBI(13%) ARKG(10%) IBB(10%) EWJ(7%) |
Factors Impacting MTP price | MTP will decline at least -5.425% in a week (0% probabilities). USO(-6%) XLU(-5%) UUP(-5%) XLRE(-4%) PEJ(-4%) |
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 | -5.425% (StdDev 10.85%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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