| MGA latest price $60.1600 (2.28%) ($59.0700 - $60.5000) on Mon. Jul. 9, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 23 |
Latest Price | $60.1600(2.28%) |
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 -3.9% 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%) IWN(73%) IWM(72%) IWD(71%) PEJ(71%) |
Factors Impacting MGA price | MGA will decline at least -0.66% in a week (0% probabilities). UUP(-20%) VXX(-18%) TLT(-18%) VIXM(-15%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.66% (StdDev 1.32%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|