| MGA latest price $74.7000 (-1.52%) ($73.6100 - $75.3200) on Mon. Jan. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 73 |
Latest Price | $74.7000(-1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.4% a day on average for past five trading days. |
Weekly Trend | MGA advances 5.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) DRIV(73%) IDRV(73%) IWM(69%) IWN(69%) IWD(68%) |
Factors Impacting MGA price | MGA will decline at least -1.27% in a week (0% probabilities). VIXM(-39%) UUP(-31%) VXX(-14%) TLT(-6%) SHY(-2%) |
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 | -1.27% (StdDev 2.54%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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