| MGA latest price $82.6100 (1.61%) ($81.8400 - $83.5200) on Mon. Nov. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 45 |
Latest Price | $82.6100(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA declines -2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(77%) DRIV(76%) IWM(71%) IWN(71%) PEJ(71%) |
Factors Impacting MGA price | MGA will decline at least -0.945% 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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.7% |
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