| MGA latest price $60.8100 (0.73%) ($60.3000 - $60.8800) on Mon. May. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 48 |
Latest Price | $60.8100(0.73%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -0.975% in a week (0% probabilities). UUP(-20%) TLT(-18%) VIXM(-16%) IGOV(-6%) DIA(-3%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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