| MGA latest price $59.1100 (2.69%) ($57.5100 - $59.4400) on Thu. Apr. 5, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 55 |
Latest Price | $59.1100(2.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.7% a day on average for past five trading days. |
Weekly Trend | MGA advances 0.7% 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) PAVE(74%) IWM(72%) IWN(72%) IWD(71%) PEJ(71%) |
Factors Impacting MGA price | MGA will decline at least -1.15% in a week (0% probabilities). UUP(-20%) TLT(-18%) VIXM(-17%) IGOV(-6%) GDXJ(-2%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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