| MP latest price $43.9900 (1.73%) ($42.3100 - $44.1000) on Wed. Feb. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 65 |
Latest Price | $43.9900(1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP advances 2.3% a day on average for past five trading days. |
Weekly Trend | MP advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 | 1.4 () |
Intraday Trend | 2.5% |
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