| MGA latest price $42.0400 (1.5%) ($41.2000 - $42.1800) on Mon. Apr. 18, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 45 |
Latest Price | $42.0400(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.1% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.8% a week on average for past two weeks. |
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%) IVE(69%) IWD(69%) EWG(68%) |
Factors Impacting MGA price | MGA will decline at least -1.105% in a week (0% probabilities). VIXM(-21%) UUP(-18%) TLT(-18%) IGOV(-6%) IPO(-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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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