| MP latest price $40.7200 (1.72%) ($39.9200 - $41.9800) on Mon. Feb. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 54 |
Latest Price | $40.7200(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP advances 1.6% a day on average for past five trading days. |
Weekly Trend | MP advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MP advance at 0% a week (0% probability) REMX(68%) IWM(67%) IWO(66%) IDRV(65%) IWN(65%) |
Factors Impacting MP price | MP will decline at least -2.1% in a week (0% probabilities). VIXM(-28%) UUP(-19%) VXX(-8%) TLT(-4%) SHY(2%) |
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 | -2.1% (StdDev 4.2%) |
Hourly BBV | 1 () |
Intraday Trend | 1.6% |
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