| MGA latest price $63.1300 (-1.74%) ($63.0600 - $63.8500) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 42 |
Latest Price | $63.1300(-1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.7% a day on average for past five trading days. |
Weekly Trend | MGA advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IDRV(77%) DRIV(76%) IWM(74%) IWN(73%) IWO(72%) |
Factors Impacting MGA price | MGA will decline at least -1.455% in a week (0% probabilities). VIXM(-30%) UUP(-30%) VXX(-7%) TBT(-6%) SHY(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 | -1.455% (StdDev 2.91%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.1% |
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