| MGA latest price $38.9000 (-1.99%) ($38.7000 - $39.4500) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.77% (three month average) |
RSI | 66 |
Latest Price | $38.9000(-1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 1.3% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(72%) IWM(69%) IWN(69%) PAVE(69%) IWD(68%) |
Factors Impacting MGA price | MGA will decline at least -2.885% in a week (0% probabilities). VIXM(-41%) UUP(-32%) VXX(-17%) TLT(-11%) 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 | -2.885% (StdDev 5.77%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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