| MGA latest price $55.4600 (-1.61%) ($55.4600 - $56.8201) on Mon. Dec. 4, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 75 |
Latest Price | $55.4600(-1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA advances 2.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(74%) IWM(72%) IWN(72%) EWG(70%) IWD(70%) |
Factors Impacting MGA price | MGA will decline at least -0.535% in a week (0% probabilities). UUP(-20%) VIXM(-18%) TLT(-18%) IGOV(-6%) GDXJ(-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 | -0.535% (StdDev 1.07%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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