| MGA latest price $100.8600 (-1.15%) ($99.8800 - $103.3200) on Wed. Jun. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 75 |
Latest Price | $100.8600(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.1% 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 | Normal for large cap. Rotation from growth to value 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 -0.965% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-12%) 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 | -0.965% (StdDev 1.93%) |
Hourly BBV | -0.1 () |
Intraday Trend | -2.4% |
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