| MGA latest price $59.0400 (-0.12%) ($58.2100 - $59.2100) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 82 |
Latest Price | $59.0400(-0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MGA advances 0.3% a day on average for past five trading days. |
Weekly Trend | MGA advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MGA advance at 0% a week (0% probability) IVE(71%) IWM(71%) IWO(70%) IWD(68%) IWN(68%) |
Factors Impacting MGA price | MGA will decline at least -1.02% in a week (0% probabilities). VXX(-55%) VIXM(-54%) UUP(-25%) TBT(-21%) USO(-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 | -1.02% (StdDev 2.04%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.5% |
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