| MTP latest price $8.2000 (-2.61%) ($7.7500 - $8.9250) on Thu. Jan. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.84% (three month average) |
RSI | 54 |
Latest Price | $8.2000(-2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 1.8% a day on average for past five trading days. |
Weekly Trend | MTP declines -3.8% a week on average for past two weeks. |
Market Behavior | Normal 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%) PCY(7%) BWX(6%) EMHY(6%) IBUY(6%) |
Factors Impacting MTP price | MTP will decline at least -3.92% in a week (0% probabilities). XHB(-10%) UUP(-10%) URA(-10%) SMH(-6%) PAVE(-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 | -3.92% (StdDev 7.84%) |
Hourly BBV | 0 () |
Intraday Trend | -8.1% |
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