| MTP latest price $150.0000 (-6.51%) ($150.0000 - $152.5000) on Wed. Nov. 16, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 61 |
Latest Price | $150.0000(-6.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 2% a day on average for past five trading days. |
Weekly Trend | MTP advances 3.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) IPO(7%) PEJ(7%) TAN(7%) XOP(7%) DIA(6%) |
Factors Impacting MTP price | MTP will decline at least -2.33% in a week (0% probabilities). XLP(-3%) UUP(-2%) UNG(-2%) TBT(-2%) XLU(-1%) |
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 | -2.33% (StdDev 4.66%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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