| MGA latest price $53.3300 (0.6%) ($52.9600 - $53.5700) on Mon. Sep. 25, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 97 |
Latest Price | $53.3300(0.6%) |
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 4.1% 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(72%) IWN(72%) EWG(70%) IWD(70%) |
Factors Impacting MGA price | MGA will decline at least -0.665% in a week (0% probabilities). UUP(-20%) VIXM(-18%) TLT(-18%) IGOV(-6%) GDXJ(-1%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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