| MGA latest price $48.6500 (-0.39%) ($48.4500 - $48.9450) on Tue. Jun. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 85 |
Latest Price | $48.6500(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(78%) PAVE(76%) IWM(75%) IWN(75%) PEJ(74%) |
Factors Impacting MGA price | MGA will decline at least -0.96% in a week (0% probabilities). VIXM(-51%) VXX(-23%) UUP(-21%) TLT(-17%) 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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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