| MGA latest price $53.8900 (-0.48%) ($53.6100 - $54.9100) on Tue. Oct. 2, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 57 |
Latest Price | $53.8900(-0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based 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 -0.995% in a week (0% probabilities). UUP(-20%) VXX(-18%) TLT(-18%) VIXM(-15%) IFRA(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.995% (StdDev 1.99%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|