| MGA latest price $95.8400 (-0.71%) ($93.8300 - $95.9700) on Wed. May. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 50 |
Latest Price | $95.8400(-0.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA advances 1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value 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 -1.045% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-13%) TLT(-5%) 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 | -1.045% (StdDev 2.09%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0.9% |
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