| MGA latest price $37.4800 (-0.56%) ($37.4100 - $38.7100) on Fri. Jul. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 55 |
Latest Price | $37.4800(-0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.4% 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) IWM(70%) IWN(70%) IWD(69%) EWG(68%) IVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.055% in a week (0% probabilities). VIXM(-19%) UUP(-17%) TLT(-17%) IPO(-7%) 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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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