| MGA latest price $61.3400 (0.62%) ($59.6500 - $61.8000) on Thu. Mar. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 28 |
Latest Price | $61.3400(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA declines -8.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(74%) IWN(73%) IWO(72%) |
Factors Impacting MGA price | MGA will decline at least -1.45% in a week (0% probabilities). VIXM(-31%) UUP(-30%) VXX(-7%) TBT(-6%) EDOC(-5%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.6% |
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