| MGA latest price $50.6500 (2.86%) ($49.3000 - $50.7300) on Thu. Nov. 1, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 62 |
Latest Price | $50.6500(2.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.1% a day on average for past five trading days. |
Weekly Trend | MGA advances 0.9% 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(75%) IWM(74%) IWN(74%) IWD(72%) PEJ(72%) |
Factors Impacting MGA price | MGA will decline at least -1.075% in a week (0% probabilities). UUP(-20%) VXX(-18%) TLT(-18%) VIXM(-15%) IGOV(-7%) |
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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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