| MGA latest price $41.1000 (2.19%) ($40.4700 - $41.1200) on Fri. Sep. 2, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 48 |
Latest Price | $41.1000(2.19%) |
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 -0.2% 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%) PEJ(69%) EWG(68%) |
Factors Impacting MGA price | MGA will decline at least -1.06% in a week (0% probabilities). VIXM(-19%) UUP(-18%) TLT(-17%) IPO(-7%) IBUY(-7%) |
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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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