| MGA latest price $95.5500 (-0.21%) ($95.3250 - $96.2900) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 76 |
Latest Price | $95.5500(-0.21%) |
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 3.4% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.265% in a week (0% probabilities). VIXM(-38%) 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 | -1.265% (StdDev 2.53%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.3% |
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