| MP latest price $41.6000 (-5.43%) ($41.5000 - $43.9900) on Thu. Feb. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.25% (three month average) |
RSI | 59 |
Latest Price | $41.6000(-5.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP advances 1.3% a day on average for past five trading days. |
Weekly Trend | MP advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -2.125% 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 | -2.125% (StdDev 4.25%) |
Hourly BBV | -2.5 () |
Intraday Trend | -5% |
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