| MTP latest price $7.0000 (-13.58%) ($6.6500 - $7.7500) on Fri. Jun. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.46% (three month average) |
RSI | 45 |
Latest Price | $7.0000(-13.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 2.3% a day on average for past five trading days. |
Weekly Trend | MTP advances 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) CEMB(15%) INDA(13%) FXI(11%) ARKG(10%) EMHY(9%) |
Factors Impacting MTP price | MTP will decline at least -3.73% in a week (0% probabilities). QQQ(-34%) GLD(-22%) XLK(-20%) BLOK(-16%) ICLN(-14%) |
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 | -3.73% (StdDev 7.46%) |
Hourly BBV | 0 () |
Intraday Trend | -9.7% |
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