| MGA latest price $50.2500 (-0.1%) ($49.3300 - $50.6600) on Tue. Jan. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 77 |
Latest Price | $50.2500(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.1% a day on average for past five trading days. |
Weekly Trend | MGA advances 5.2% 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 -1.11% in a week (0% probabilities). UUP(-21%) VXX(-18%) TLT(-17%) VIXM(-13%) 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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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