| MGA latest price $81.3000 (0.59%) ($80.4500 - $82.0100) on Fri. Oct. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 46 |
Latest Price | $81.3000(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.3% a day on average for past five trading days. |
Weekly Trend | MGA declines -2.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) DRIV(76%) IDRV(76%) IWM(71%) IWN(71%) PEJ(71%) |
Factors Impacting MGA price | MGA will decline at least -0.94% in a week (0% probabilities). VIXM(-37%) UUP(-31%) 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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.8% |
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