| MTP latest price $31.0000 (6.9%) ($29.0150 - $31.4500) on Mon. Aug. 27, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 64 |
Latest Price | $31.0000(6.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 0.8% 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 | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) IBUY(7%) ONLN(7%) XRT(7%) IPO(6%) JNK(6%) |
Factors Impacting MTP price | MTP will decline at least -2.69% in a week (0% probabilities). GDXJ(-8%) IFRA(-6%) UUP(-5%) UNG(-5%) GLD(-5%) |
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 | -2.69% (StdDev 5.38%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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