| MGA latest price $43.5400 (0.74%) ($43.1400 - $43.6050) on Tue. Apr. 26, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 67 |
Latest Price | $43.5400(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.8% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.06% 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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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