| MGA latest price $42.0300 (2.89%) ($41.2700 - $42.4550) on Thu. Sep. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 60 |
Latest Price | $42.0300(2.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.1% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.5% 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) IWM(70%) IWN(70%) IWD(69%) PEJ(69%) EWG(68%) |
Factors Impacting MGA price | MGA will decline at least -1.09% in a week (0% probabilities). VIXM(-19%) UUP(-18%) TLT(-17%) IBUY(-7%) IGOV(-6%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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