| MGA latest price $40.2200 (-0.2%) ($39.7900 - $40.6500) on Thu. May. 26, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 43 |
Latest Price | $40.2200(-0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.6% a day on average for past five trading days. |
Weekly Trend | MGA declines -1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IWN(71%) IWM(70%) IVE(69%) IWD(69%) PEJ(69%) |
Factors Impacting MGA price | MGA will decline at least -0.805% 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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
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