| MGA latest price $77.5700 (1.54%) ($76.5450 - $77.7600) on Thu. Feb. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 53 |
Latest Price | $77.5700(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.4% a day on average for past five trading days. |
Weekly Trend | MGA advances 2.5% 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) DRIV(74%) IDRV(73%) IWN(70%) IWM(69%) PAVE(68%) |
Factors Impacting MGA price | MGA will decline at least -1.21% in a week (0% probabilities). VIXM(-38%) UUP(-31%) VXX(-14%) TLT(-6%) SHY(-2%) |
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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0.2% |
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