| MRTX latest price $100.6900 (-3.7%) ($100.5200 - $104.9300) on Thu. Jun. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.92% (three month average) |
RSI | 51 |
Latest Price | $100.6900(-3.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRTX advances 1.5% a day on average for past five trading days. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MRTX advance at 0% a week (0% probability) IBB(41%) XBI(37%) IWO(32%) ARKG(31%) IWC(30%) |
Factors Impacting MRTX price | MRTX will decline at least -2.46% in a week (0% probabilities). VIXM(-12%) UUP(-9%) VXX(-8%) UNG(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.46% (StdDev 4.92%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
| |
|
|