| MGA latest price $66.2600 (-0.03%) ($66.0200 - $66.8100) on Thu. Jun. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 48 |
Latest Price | $66.2600(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(74%) IWN(73%) IWM(72%) IWD(71%) PEJ(71%) |
Factors Impacting MGA price | MGA will decline at least -0.945% in a week (0% probabilities). UUP(-20%) VXX(-19%) TLT(-18%) VIXM(-16%) 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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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