| MGA latest price $33.0800 (4.68%) ($31.8400 - $33.2600) on Fri. Feb. 12, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 45 |
Latest Price | $33.0800(4.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.3% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.18% in a week (0% probabilities). VIXM(-21%) TLT(-19%) UUP(-17%) IWC(-6%) IGOV(-6%) |
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 | -1.18% (StdDev 2.36%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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