| MGA latest price $84.2000 (2.3%) ($81.2500 - $85.1300) on Fri. Feb. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 67 |
Latest Price | $84.2000(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.2% a day on average for past five trading days. |
Weekly Trend | MGA advances 5.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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 -1.39% 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 | -1.39% (StdDev 2.78%) |
Hourly BBV | -0.2 () |
Intraday Trend | 2.3% |
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