| MP latest price $16.1800 (3.25%) ($15.6000 - $16.3700) on Sun. Nov. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 48 |
Latest Price | $16.1800(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MP advances 1.6% a day on average for past five trading days. |
Weekly Trend | MP declines -1.3% 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) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting MP price | MP will decline at least -1.55% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.55% (StdDev 3.1%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|