| MTP latest price $7.1000 (4.41%) ($6.8340 - $7.5245) on Wed. Oct. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.13% (three month average) |
RSI | 70 |
Latest Price | $7.1000(4.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MTP advances 0.3% a day on average for past five trading days. |
Weekly Trend | MTP advances 3.7% 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) VIXM(32%) XLU(-6%) USO(-120%) VWO(-76%) EEM(-33%) |
Factors Impacting MTP price | MTP will decline at least -3.565% in a week (0% probabilities). JETS(-27%) KWEB(-28%) MCHI(-10%) EEM(-33%) VWO(-76%) |
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 | -3.565% (StdDev 7.13%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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