| MGA latest price $36.5200 (-1.38%) ($36.0200 - $37.2100) on Mon. May. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 52 |
Latest Price | $36.5200(-1.38%) |
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 4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(73%) IWM(70%) PAVE(70%) IWD(69%) IWN(69%) |
Factors Impacting MGA price | MGA will decline at least -2.86% in a week (0% probabilities). VIXM(-42%) UUP(-32%) VXX(-17%) TLT(-11%) SHY(-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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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