| MGA latest price $49.1100 (2.1%) ($48.3000 - $49.4001) on Fri. Sep. 1, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 67 |
Latest Price | $49.1100(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.6% a day on average for past five trading days. |
Weekly Trend | MGA advances 1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(73%) IWN(72%) IWM(71%) IWD(70%) PEJ(70%) |
Factors Impacting MGA price | MGA will decline at least -0.68% in a week (0% probabilities). UUP(-19%) VIXM(-18%) TLT(-18%) IGOV(-6%) GDXJ(-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 | -0.68% (StdDev 1.36%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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