| MGA latest price $31.8500 (-0.5%) ($30.6300 - $32.3400) on Mon. Mar. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 39 |
Latest Price | $31.8500(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 5.2% a day on average for past five trading days. |
Weekly Trend | MGA declines -8.7% 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) IDRV(75%) PAVE(73%) IWD(72%) IWM(72%) IWN(72%) |
Factors Impacting MGA price | MGA will decline at least -2.575% in a week (0% probabilities). VIXM(-41%) UUP(-34%) VXX(-17%) TLT(-14%) SHY(-3%) |
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 | -2.575% (StdDev 5.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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