| MGA latest price $82.3100 (-5.19%) ($82.3100 - $87.7260) on Thu. Feb. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 65 |
Latest Price | $82.3100(-5.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.7% a day on average for past five trading days. |
Weekly Trend | MGA advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.395% 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 | -1.395% (StdDev 2.79%) |
Hourly BBV | -1.7 () |
Intraday Trend | -5.8% |
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