| MGA latest price $95.7500 (1.92%) ($93.9900 - $96.4200) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 77 |
Latest Price | $95.7500(1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.3% a day on average for past five trading days. |
Weekly Trend | MGA advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) DRIV(75%) IDRV(75%) IWM(70%) IWN(70%) IVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.275% in a week (0% probabilities). VIXM(-38%) UUP(-31%) 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 | -1.275% (StdDev 2.55%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.3% |
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