| MGA latest price $58.5800 (-0.9%) ($57.8900 - $59.9400) on Fri. Apr. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 57 |
Latest Price | $58.5800(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.8% 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 sell-off 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 -1.145% in a week (0% probabilities). UUP(-20%) TLT(-18%) VIXM(-16%) 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 | -1.145% (StdDev 2.29%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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