| MGA latest price $96.0200 (-3.19%) ($94.7600 - $99.4000) on Thu. Apr. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 68 |
Latest Price | $96.0200(-3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.1% a day on average for past five trading days. |
Weekly Trend | MGA advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off 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%) IWD(69%) |
Factors Impacting MGA price | MGA will decline at least -1.195% in a week (0% probabilities). VIXM(-38%) UUP(-32%) VXX(-13%) TLT(-6%) SHY(-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 | -1.195% (StdDev 2.39%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.7% |
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