| MGA latest price $46.0100 (-0.67%) ($45.3200 - $46.1800) on Fri. Jun. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 60 |
Latest Price | $46.0100(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.6% a day on average for past five trading days. |
Weekly Trend | MGA advances 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(78%) PAVE(76%) IWM(75%) IWN(75%) IWD(73%) |
Factors Impacting MGA price | MGA will decline at least -0.96% in a week (0% probabilities). VXX(-23%) UUP(-21%) TLT(-17%) IGOV(-7%) IFRA(-3%) |
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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
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