| MGA latest price $55.8700 (0.98%) ($55.3000 - $55.9400) on Thu. Jun. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 61 |
Latest Price | $55.8700(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.9% a day on average for past five trading days. |
Weekly Trend | MGA advances 0.2% 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) IWM(67%) IYT(67%) IVE(66%) IWN(66%) IWO(66%) |
Factors Impacting MGA price | MGA will decline at least -1.035% in a week (0% probabilities). VIXM(-48%) VXX(-47%) UUP(-29%) TBT(-15%) SHY(-2%) |
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 | -1.035% (StdDev 2.07%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.6% |
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