| MGA latest price $50.3000 (0.12%) ($49.5100 - $50.6900) on Mon. Jan. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 68 |
Latest Price | $50.3000(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.6% a day on average for past five trading days. |
Weekly Trend | MGA advances 4.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(75%) IWM(74%) IWN(74%) PEJ(73%) IWD(72%) |
Factors Impacting MGA price | MGA will decline at least -1.11% in a week (0% probabilities). UUP(-21%) VXX(-18%) TLT(-17%) VIXM(-13%) DIA(-8%) |
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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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