| MGA latest price $56.5300 (6.1%) ($53.5800 - $56.6350) on Thu. Mar. 15, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 47 |
Latest Price | $56.5300(6.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.5% a day on average for past five trading days. |
Weekly Trend | MGA declines -1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(74%) IWM(72%) IWN(72%) IWD(71%) PEJ(71%) |
Factors Impacting MGA price | MGA will decline at least -0.94% in a week (0% probabilities). UUP(-20%) TLT(-18%) VIXM(-17%) 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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 0 () |
Intraday Trend | 5.2% |
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