| MGA latest price $89.4300 (1.61%) ($88.5100 - $90.4200) on Wed. Mar. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 73 |
Latest Price | $89.4300(1.61%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Value stock 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(74%) IWM(70%) IWN(70%) IVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.43% 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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.8% |
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