| MTP latest price $7.0500 (5.58%) ($6.6500 - $7.4500) on Thu. Jun. 27, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.16% (three month average) |
RSI | 64 |
Latest Price | $7.0500(5.58%) |
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 -3.5% 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) ARKG(13%) CEMB(13%) INDA(12%) EMHY(10%) XLV(10%) |
Factors Impacting MTP price | MTP will decline at least -3.58% in a week (0% probabilities). QQQ(-87%) BLOK(-36%) XLK(-31%) GLD(-21%) ICLN(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.58% (StdDev 7.16%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
| |
|
|