| MGA latest price $88.0100 (-0.67%) ($87.8300 - $89.8200) on Tue. Mar. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 66 |
Latest Price | $88.0100(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.4% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) DRIV(74%) IDRV(74%) IWM(70%) IWN(70%) IVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.435% in a week (0% probabilities). VIXM(-39%) UUP(-32%) VXX(-13%) TLT(-5%) IGOV(-4%) |
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 | -1.435% (StdDev 2.87%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.5% |
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