| MTP latest price $29.5050 (6.32%) ($28.0000 - $31.8450) on Tue. Oct. 16, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.55% (three month average) |
RSI | 29 |
Latest Price | $29.5050(6.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 0.3% a day on average for past five trading days. |
Weekly Trend | MTP declines -7.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) IBUY(7%) IFRA(7%) ONLN(7%) XRT(7%) CEMB(6%) |
Factors Impacting MTP price | MTP will decline at least -3.775% in a week (0% probabilities). GDXJ(-8%) UUP(-6%) UNG(-6%) GLD(-5%) XLRE(-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 | -3.775% (StdDev 7.55%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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