| MGA latest price $63.7000 (0.22%) ($62.9300 - $63.9200) on Mon. Mar. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 73 |
Latest Price | $63.7000(0.22%) |
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 4.6% 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) IDRV(77%) DRIV(76%) IWM(73%) IWN(73%) IWO(72%) |
Factors Impacting MGA price | MGA will decline at least -1.445% in a week (0% probabilities). VIXM(-29%) UUP(-29%) VXX(-7%) TBT(-5%) 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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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