| MP latest price $14.2400 (4.86%) ($13.8600 - $15.4800) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.12% (three month average) |
| RSI | 54 |
| Latest Price | $14.2400(4.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | MP advances 0.5% a day on average for past five trading days. |
| Weekly Trend | MP declines -2.7% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support MP advance at 0% a week (0% probability)
IWO(57%) IWC(56%) IWM(56%) IDRV(55%) REMX(55%) |
| Factors Impacting MP price | MP will decline at least -2.06% in a week (0% probabilities).
VIXM(-27%) UUP(-18%) VXX(-12%) TLT(-8%) IGOV(-7%) |
| 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 | -2.06% (StdDev 4.12%) |
| Hourly BBV | 0 () |
| Intraday Trend | -3.6% |
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