| MGA latest price $40.7700 (-1.57%) ($40.7400 - $41.5600) on Wed. May. 11, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 33 |
Latest Price | $40.7700(-1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA declines -2.6% a week on average for past two weeks. |
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%) IVE(69%) IWD(69%) PEJ(69%) |
Factors Impacting MGA price | MGA will decline at least -1.02% in a week (0% probabilities). VIXM(-21%) UUP(-19%) TLT(-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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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