| MRTX latest price $128.8800 (-0.52%) ($127.9900 - $137.2900) on Fri. Aug. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 49 |
Latest Price | $128.8800(-0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRTX advances 1.2% a day on average for past five trading days. |
Weekly Trend | MRTX advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MRTX advance at 0% a week (0% probability) IBB(40%) XBI(36%) IWO(32%) ARKG(30%) SKYY(30%) |
Factors Impacting MRTX price | MRTX will decline at least -1.54% in a week (0% probabilities). VIXM(-11%) UUP(-9%) VXX(-8%) UNG(-3%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.54% (StdDev 3.08%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
| |
|
|