| MGA latest price $45.7200 (1.4%) ($45.1600 - $45.9900) on Mon. Jun. 26, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 48 |
Latest Price | $45.7200(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(73%) IWM(71%) IWN(71%) IWD(70%) PEJ(70%) |
Factors Impacting MGA price | MGA will decline at least -0.715% in a week (0% probabilities). UUP(-19%) VIXM(-18%) TLT(-18%) 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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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