| MTP latest price $6.7500 (3.85%) ($6.4550 - $6.7500) on Wed. Aug. 21, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.68% (three month average) |
RSI | 39 |
Latest Price | $6.7500(3.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 1.7% a day on average for past five trading days. |
Weekly Trend | MTP declines -4.2% 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) VIXM(3%) IGOV(27%) INDA(26%) UNG(26%) BND(23%) |
Factors Impacting MTP price | MTP will decline at least -3.84% in a week (0% probabilities). XRT(-49%) IVE(-76%) ACES(-33%) XLC(-31%) TAN(-28%) |
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 | -3.84% (StdDev 7.68%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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