| MGA latest price $60.8500 (0.45%) ($60.1200 - $60.9200) on Wed. May. 9, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 68 |
Latest Price | $60.8500(0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.3% a day on average for past five trading days. |
Weekly Trend | MGA advances 1.2% 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 -0.97% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.97% (StdDev 1.94%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|