| MGA latest price $79.1600 (2.17%) ($76.6900 - $79.4700) on Tue. Oct. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 49 |
Latest Price | $79.1600(2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(76%) DRIV(75%) IWM(71%) IWN(71%) PEJ(70%) |
Factors Impacting MGA price | MGA will decline at least -0.98% in a week (0% probabilities). VIXM(-37%) UUP(-30%) VXX(-11%) TLT(-3%) 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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.7% |
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