| MGA latest price $54.1200 (-2.92%) ($53.8800 - $55.2000) on Fri. Aug. 31, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 56 |
Latest Price | $54.1200(-2.92%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(75%) IWM(73%) IWN(73%) PEJ(72%) EWG(71%) |
Factors Impacting MGA price | MGA will decline at least -0.895% in a week (0% probabilities). UUP(-21%) VXX(-18%) TLT(-18%) VIXM(-15%) 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 | -0.895% (StdDev 1.79%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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