| MGA latest price $54.2900 (-1.49%) ($54.1800 - $55.5800) on Tue. Aug. 21, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 30 |
Latest Price | $54.2900(-1.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.1% a day on average for past five trading days. |
Weekly Trend | MGA declines -4.1% a week on average for past two weeks. |
Market Behavior | Value 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(75%) IWM(73%) IWN(73%) PEJ(72%) EWG(71%) |
Factors Impacting MGA price | MGA will decline at least -0.835% in a week (0% probabilities). UUP(-21%) VXX(-18%) TLT(-18%) VIXM(-15%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|