| MGA latest price $55.0800 (-1.63%) ($54.2000 - $55.8500) on Mon. Sep. 24, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 58 |
Latest Price | $55.0800(-1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.6% 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 | Value stocks sell-off for large cap. Value stock sell-off 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 -0.94% in a week (0% probabilities). UUP(-20%) VXX(-18%) TLT(-18%) VIXM(-15%) IGOV(-7%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
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