| MGA latest price $39.7800 (8.33%) ($38.5700 - $40.3000) on Mon. May. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.85% (three month average) |
RSI | 57 |
Latest Price | $39.7800(8.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(73%) IWM(69%) IWN(69%) PAVE(69%) IWD(68%) |
Factors Impacting MGA price | MGA will decline at least -2.925% in a week (0% probabilities). VIXM(-41%) 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 | -2.925% (StdDev 5.85%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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