| MGA latest price $45.5700 (3.54%) ($42.8800 - $45.6350) on Wed. Dec. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 39 |
Latest Price | $45.5700(3.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.1% a day on average for past five trading days. |
Weekly Trend | MGA declines -0.9% 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(75%) IWM(74%) IWN(74%) PEJ(73%) IWD(72%) |
Factors Impacting MGA price | MGA will decline at least -1.12% in a week (0% probabilities). UUP(-20%) VXX(-18%) TLT(-18%) VIXM(-14%) 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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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