| MGA latest price $64.8500 (0.59%) ($64.1050 - $65.0500) on Thu. Dec. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 62 |
Latest Price | $64.8500(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGA advances 1.4% 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) DRIV(72%) IDRV(72%) IWM(68%) IWN(68%) IWD(67%) |
Factors Impacting MGA price | MGA will decline at least -1.155% in a week (0% probabilities). VIXM(-39%) UUP(-31%) VXX(-14%) EDOC(-8%) TLT(-7%) |
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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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