| MTP latest price $6.4500 (-6.52%) ($6.0500 - $7.1500) on Wed. Sep. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.13% (three month average) |
RSI | 44 |
Latest Price | $6.4500(-6.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 1.4% a day on average for past five trading days. |
Weekly Trend | MTP declines -0.2% 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) VCSH(84%) UNG(45%) INDA(31%) VIXM(19%) TIP(10%) |
Factors Impacting MTP price | MTP will decline at least -3.565% in a week (0% probabilities). IPO(-69%) IBUY(-57%) XLP(-67%) EWP(-57%) EWY(-52%) |
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 | -3.565% (StdDev 7.13%) |
Hourly BBV | 0 () |
Intraday Trend | -7.9% |
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