| MGA latest price $41.5200 (1.79%) ($40.8200 - $41.6100) on Tue. Jun. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 60 |
Latest Price | $41.5200(1.79%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IWN(71%) IWM(70%) IWD(69%) PEJ(69%) EWG(68%) |
Factors Impacting MGA price | MGA will decline at least -0.78% 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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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