| MTP latest price $6.7000 (-1.47%) ($6.5500 - $6.8500) on Mon. Aug. 12, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.73% (three month average) |
RSI | 41 |
Latest Price | $6.7000(-1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 0.2% a day on average for past five trading days. |
Weekly Trend | MTP declines -8.6% a week on average for past two weeks. |
Market Behavior | Broad based 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) PCY(34%) INDA(31%) BWX(27%) UNG(27%) XLV(24%) |
Factors Impacting MTP price | MTP will decline at least -3.865% in a week (0% probabilities). XRT(-19%) TAN(-13%) REMX(-12%) XLE(-12%) VXX(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -3.865% (StdDev 7.73%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|