| MGA latest price $36.7000 (4.92%) ($35.7200 - $36.9000) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.43% (three month average) |
RSI | 77 |
Latest Price | $36.7000(4.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 4.4% a day on average for past five trading days. |
Weekly Trend | MGA advances 8.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(74%) IWM(71%) IWN(71%) PAVE(71%) IWD(70%) |
Factors Impacting MGA price | MGA will decline at least -2.715% in a week (0% probabilities). VIXM(-43%) UUP(-32%) VXX(-18%) TLT(-13%) 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 | -2.715% (StdDev 5.43%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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