| MTP latest price $6.4500 (-4.44%) ($6.3500 - $6.8405) on Thu. Aug. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.7% (three month average) |
RSI | 40 |
Latest Price | $6.4500(-4.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 1.2% a day on average for past five trading days. |
Weekly Trend | MTP declines -2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) IGOV(44%) XLV(18%) SHY(14%) BND(32%) INDA(26%) |
Factors Impacting MTP price | MTP will decline at least -3.85% in a week (0% probabilities). XRT(-74%) DIA(-51%) ACES(-40%) XLB(-25%) VT(-29%) |
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 | -3.85% (StdDev 7.7%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
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