| MGA latest price $59.7300 (1.5%) ($59.6000 - $60.4800) on Tue. Apr. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 59 |
Latest Price | $59.7300(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.2% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.3% 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%) IWD(71%) PEJ(71%) |
Factors Impacting MGA price | MGA will decline at least -1.13% in a week (0% probabilities). UUP(-20%) TLT(-18%) VIXM(-16%) IFRA(-7%) IGOV(-6%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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