| MGA latest price $48.4700 (0.98%) ($47.6700 - $48.5800) on Tue. Aug. 8, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 49 |
Latest Price | $48.4700(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off 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 -0.685% 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 | -0.685% (StdDev 1.37%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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