| MGA latest price $53.3400 (1.6%) ($52.2300 - $53.4400) on Mon. Apr. 8, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 68 |
Latest Price | $53.3400(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.2% a day on average for past five trading days. |
Weekly Trend | MGA advances 4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) PAVE(76%) IWM(74%) IWN(74%) PEJ(73%) IWD(72%) |
Factors Impacting MGA price | MGA will decline at least -0.7% in a week (0% probabilities). UUP(-21%) VXX(-18%) TLT(-17%) VIXM(-13%) 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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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