| MGA latest price $63.8700 (1.17%) ($62.9700 - $63.9550) on Thu. Mar. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 52 |
Latest Price | $63.8700(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.8% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.8% 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(77%) DRIV(76%) IWM(74%) IWN(73%) IWO(72%) |
Factors Impacting MGA price | MGA will decline at least -1.445% in a week (0% probabilities). VIXM(-30%) UUP(-30%) VXX(-7%) TBT(-6%) SHY(0%) |
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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.5% |
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