| MTP latest price $35.5005 (-5.06%) ($35.5005 - $38.5000) on Mon. Sep. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.02% (three month average) |
RSI | 60 |
Latest Price | $35.5005(-5.06%) |
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 4.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off 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%) REMX(6%) |
Factors Impacting MTP price | MTP will decline at least -3.51% in a week (0% probabilities). GDXJ(-8%) UUP(-6%) UNG(-5%) GLD(-5%) XLRE(-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 | -3.51% (StdDev 7.02%) |
Hourly BBV | 0 () |
Intraday Trend | -5.3% |
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