| MGA latest price $90.3900 (0.92%) ($89.7700 - $90.9300) on Mon. Apr. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 42 |
Latest Price | $90.3900(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGA declines -1.8% 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) DRIV(75%) IDRV(75%) IWM(70%) IWN(70%) IWD(68%) |
Factors Impacting MGA price | MGA will decline at least -1.285% in a week (0% probabilities). VIXM(-39%) UUP(-31%) VXX(-13%) TLT(-5%) IGOV(-4%) |
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 | -1.285% (StdDev 2.57%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
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