| MGA latest price $34.0900 (-3.07%) ($34.0000 - $36.1100) on Mon. Jan. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 50 |
Latest Price | $34.0900(-3.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 24.8% a day on average for past five trading days. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IWM(70%) IWN(70%) IWD(69%) EWG(68%) IVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.03% in a week (0% probabilities). VIXM(-22%) TLT(-19%) UUP(-17%) IGOV(-6%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.03% (StdDev 2.06%) |
Hourly BBV | 0 () |
Intraday Trend | -5.6% |
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