| MGA latest price $49.1600 (-0.08%) ($48.6300 - $49.3000) on Wed. Sep. 13, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 62 |
Latest Price | $49.1600(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.3% 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 | Value stock rally 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%) IWN(72%) IWM(71%) EWG(70%) IWD(70%) |
Factors Impacting MGA price | MGA will decline at least -0.69% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.69% (StdDev 1.38%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
| |
|
|