| MGA latest price $85.1000 (-0.79%) ($85.0700 - $87.4600) on Wed. Jan. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 76 |
Latest Price | $85.1000(-0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.3% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(77%) DRIV(76%) PEJ(72%) IWM(71%) IWN(71%) |
Factors Impacting MGA price | MGA will decline at least -0.955% in a week (0% probabilities). VIXM(-36%) UUP(-32%) VXX(-9%) SHY(-2%) TLT(0%) |
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 | -0.955% (StdDev 1.91%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1% |
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