| MGA latest price $54.0600 (0.84%) ($52.9900 - $54.2800) on Thu. Sep. 12, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 75 |
Latest Price | $54.0600(0.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGA advances 5.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.8% in a week (0% probabilities). VIXM(-51%) VXX(-23%) UUP(-21%) TLT(-16%) 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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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