| MGA latest price $49.0200 (-2.8%) ($48.7300 - $50.5300) on Mon. Nov. 5, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 49 |
Latest Price | $49.0200(-2.8%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value 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 -1.085% 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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
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