| MGA latest price $80.6100 (3.77%) ($76.9800 - $80.6900) on Mon. Jan. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 40 |
Latest Price | $80.6100(3.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.5% a day on average for past five trading days. |
Weekly Trend | MGA declines -4.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(78%) DRIV(77%) PEJ(73%) IWM(72%) IWN(72%) |
Factors Impacting MGA price | MGA will decline at least -1% in a week (0% probabilities). VIXM(-36%) UUP(-33%) VXX(-9%) SHY(-2%) TBT(-1%) |
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% (StdDev 2%) |
Hourly BBV | 1.1 () |
Intraday Trend | 4.1% |
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