| MTP latest price $144.5000 (3.21%) ($141.0000 - $145.0000) on Thu. Mar. 16, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.78% (three month average) |
RSI | 56 |
Latest Price | $144.5000(3.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 1.1% a day on average for past five trading days. |
Weekly Trend | MTP advances 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) GLD(10%) GDX(8%) IPO(7%) SIL(7%) PAVE(5%) |
Factors Impacting MTP price | MTP will decline at least -1.89% in a week (0% probabilities). BNDX(-7%) PCY(-6%) XLV(-4%) XLRE(-4%) XBI(-4%) |
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 | -1.89% (StdDev 3.78%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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