| MGA latest price $41.1200 (0.29%) ($40.4800 - $41.2100) on Tue. Nov. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 56 |
Latest Price | $41.1200(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGA advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IWM(71%) IWN(71%) IWD(70%) IVE(69%) PEJ(69%) |
Factors Impacting MGA price | MGA will decline at least -0.73% in a week (0% probabilities). VIXM(-19%) UUP(-18%) TLT(-18%) IGOV(-6%) SHY(-1%) |
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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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