| MTP latest price $8.1100 (-0.49%) ($8.1100 - $8.9800) on Fri. Jan. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.11% (three month average) |
RSI | 42 |
Latest Price | $8.1100(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 2.6% a day on average for past five trading days. |
Weekly Trend | MTP declines -3.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) CEMB(7%) IBUY(7%) ONLN(7%) PCY(7%) XRT(7%) |
Factors Impacting MTP price | MTP will decline at least -3.555% in a week (0% probabilities). UUP(-9%) URA(-8%) GDXJ(-8%) XHB(-7%) XLRE(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.555% (StdDev 7.11%) |
Hourly BBV | 0 () |
Intraday Trend | -5.2% |
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