| MGA latest price $54.2000 (1.08%) ($53.2300 - $54.4500) on Tue. Oct. 22, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 68 |
Latest Price | $54.2000(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.4% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock rally 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%) PEJ(74%) |
Factors Impacting MGA price | MGA will decline at least -0.84% in a week (0% probabilities). VIXM(-51%) VXX(-22%) UUP(-22%) TLT(-16%) IGOV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|