| MGA latest price $77.4200 (-1.04%) ($77.0400 - $78.8400) on Fri. Feb. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 44 |
Latest Price | $77.4200(-1.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.4% a day on average for past five trading days. |
Weekly Trend | MGA declines -1.7% 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(78%) DRIV(77%) PEJ(74%) IWM(73%) IWN(72%) |
Factors Impacting MGA price | MGA will decline at least -1.105% in a week (0% probabilities). VIXM(-36%) UUP(-33%) VXX(-9%) SHY(-2%) TBT(-1%) |
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 | -1.105% (StdDev 2.21%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.8% |
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