| MGA latest price $76.0500 (-0.13%) ($75.4300 - $76.6800) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 53 |
Latest Price | $76.0500(-0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.1% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.6% 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(74%) IDRV(73%) IWM(69%) IWN(69%) IWD(68%) |
Factors Impacting MGA price | MGA will decline at least -1.32% 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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.6% |
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