| MGA latest price $58.2800 (-2%) ($58.1250 - $58.9700) on Fri. Jan. 19, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 55 |
Latest Price | $58.2800(-2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.2% a day on average for past five trading days. |
Weekly Trend | MGA advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(74%) IWM(72%) IWN(72%) EWG(70%) IWD(70%) |
Factors Impacting MGA price | MGA will decline at least -0.605% in a week (0% probabilities). UUP(-20%) VIXM(-18%) TLT(-18%) IGOV(-6%) BLOK(-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 | -0.605% (StdDev 1.21%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
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