| MGA latest price $35.6200 (1.74%) ($35.2700 - $35.9900) on Mon. Jul. 11, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 34 |
Latest Price | $35.6200(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.4% a day on average for past five trading days. |
Weekly Trend | MGA declines -5.5% 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%) IWD(69%) EWG(68%) IVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.05% in a week (0% probabilities). VIXM(-19%) UUP(-17%) TLT(-17%) IPO(-6%) IGOV(-6%) |
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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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