| MGA latest price $49.0200 (2.9%) ($47.8100 - $49.4000) on Wed. Jan. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 64 |
Latest Price | $49.0200(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.5% a day on average for past five trading days. |
Weekly Trend | MGA advances 1.8% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.135% in a week (0% probabilities). UUP(-21%) VXX(-18%) TLT(-18%) VIXM(-14%) DIA(-8%) |
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 | -1.135% (StdDev 2.27%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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