| MGA latest price $44.0700 (2.3%) ($43.4000 - $44.1700) on Wed. Jan. 25, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 41 |
Latest Price | $44.0700(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA declines -2.4% 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(71%) IWN(71%) IWD(70%) IVE(69%) PEJ(69%) |
Factors Impacting MGA price | MGA will decline at least -0.86% in a week (0% probabilities). VIXM(-19%) UUP(-18%) TLT(-18%) IGOV(-7%) IPO(-2%) |
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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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