| MGA latest price $42.8400 (5%) ($41.4000 - $42.8650) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.91% (three month average) |
RSI | 68 |
Latest Price | $42.8400(5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 2.3% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(72%) IWM(69%) PAVE(69%) IWD(68%) IWN(68%) |
Factors Impacting MGA price | MGA will decline at least -2.955% 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 | -2.955% (StdDev 5.91%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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