| MGA latest price $41.2700 (-0.34%) ($40.6300 - $41.4000) on Tue. Mar. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 80 |
Latest Price | $41.2700(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA advances 4.4% a week on average for past two weeks. |
Market Behavior | Normal 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%) IVE(69%) IWD(69%) EWG(68%) |
Factors Impacting MGA price | MGA will decline at least -1.255% in a week (0% probabilities). VIXM(-21%) TLT(-19%) UUP(-18%) IPO(-5%) IGOV(-5%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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