| MTP latest price $8.6000 (1.12%) ($8.5000 - $9.4450) on Tue. Jan. 8, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.17% (three month average) |
RSI | 46 |
Latest Price | $8.6000(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 2% a day on average for past five trading days. |
Weekly Trend | MTP advances 4.5% 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) CEMB(7%) IBUY(7%) ONLN(7%) PCY(7%) XRT(7%) |
Factors Impacting MTP price | MTP will decline at least -3.585% in a week (0% probabilities). UUP(-9%) XHB(-8%) URA(-8%) GDXJ(-8%) XLRE(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.585% (StdDev 7.17%) |
Hourly BBV | 0 () |
Intraday Trend | -3.4% |
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