| MTP latest price $7.0000 (0%) ($7.0000 - $7.3860) on Wed. Oct. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.12% (three month average) |
RSI | 70 |
Latest Price | $7.0000(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 0.6% a day on average for past five trading days. |
Weekly Trend | MTP advances 6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MTP advance at 0% a week (0% probability) VIXM(24%) XLU(-11%) SIL(-27%) USO(-48%) VWO(-49%) |
Factors Impacting MTP price | MTP will decline at least -3.56% in a week (0% probabilities). JETS(-20%) KWEB(-28%) MCHI(-10%) EEM(-31%) VXX(-85%) |
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 | -3.56% (StdDev 7.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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