| MGA latest price $84.2700 (0.15%) ($82.9700 - $84.8400) on Wed. Oct. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 72 |
Latest Price | $84.2700(0.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.6% a day on average for past five trading days. |
Weekly Trend | MGA advances 4.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.02% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.02% (StdDev 2.04%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.2% |
| |
|
|