| MTP latest price $7.7500 (10.71%) ($7.0000 - $8.6500) on Tue. Jun. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.32% (three month average) |
RSI | 48 |
Latest Price | $7.7500(10.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 3.6% a day on average for past five trading days. |
Weekly Trend | MTP declines -6.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) CEMB(14%) INDA(12%) ARKG(10%) EMHY(10%) FXI(10%) |
Factors Impacting MTP price | MTP will decline at least -3.66% in a week (0% probabilities). GLD(-22%) ICLN(-15%) SLV(-13%) XLU(-12%) XLK(-12%) |
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 | -3.66% (StdDev 7.32%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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