| MGA latest price $86.8200 (1.15%) ($85.7000 - $87.7600) on Wed. Feb. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 76 |
Latest Price | $86.8200(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 2.1% a day on average for past five trading days. |
Weekly Trend | MGA advances 4.8% 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%) IWN(70%) IWM(69%) PAVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.365% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-14%) TLT(-5%) IGOV(-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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 1 () |
Intraday Trend | 1.2% |
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