| MGA latest price $54.4100 (0.11%) ($53.5800 - $54.4650) on Mon. Apr. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 72 |
Latest Price | $54.4100(0.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.6% a day on average for past five trading days. |
Weekly Trend | MGA advances 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) PAVE(69%) IWM(67%) IWO(67%) XLB(67%) IWD(66%) |
Factors Impacting MGA price | MGA will decline at least -1.41% in a week (0% probabilities). VXX(-50%) VIXM(-48%) SHY(-21%) UUP(-19%) SMH(-18%) |
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 | -1.41% (StdDev 2.82%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.4% |
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