| MGA latest price $36.1900 (-0.41%) ($35.5400 - $38.3800) on Tue. Apr. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 76 |
Latest Price | $36.1900(-0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 2.2% a day on average for past five trading days. |
Weekly Trend | MGA advances 7.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(74%) IWM(71%) PAVE(71%) IWD(70%) IWN(70%) |
Factors Impacting MGA price | MGA will decline at least -2.735% in a week (0% probabilities). VIXM(-43%) UUP(-32%) VXX(-17%) TLT(-12%) 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 | -2.735% (StdDev 5.47%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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