MNA's Stochastic Oscillator driving into overbought zone
The Stochastic Oscillator for MNA moved into overbought territory on December 17, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MNA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where MNA's RSI Oscillator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on December 11, 2024. You may want to consider a long position or call options on MNA as a result. In of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MNA just turned positive on November 25, 2024. Looking at past instances where MNA's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
MNA moved above its 50-day moving average on December 09, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MNA crossed bullishly above the 50-day moving average on December 09, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MNA advanced for three days, in of 268 cases, the price rose further within the following month. The odds of a continued upward trend are .
MNA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| DIFFX | 12.25 | -0.02 | -0.16% |
| MFS Diversified Income R3 | |||
| MENYX | 9.76 | -0.03 | -0.31% |
| Madison Covered Call & Equity Income Y | |||
| FDLSX | 22.44 | -0.11 | -0.49% |
| Fidelity Select Leisure | |||
| CIVIX | 20.67 | -0.15 | -0.72% |
| Causeway International Value Instl | |||
| LZCOX | 12.18 | -0.09 | -0.73% |
| Lazard US Small Cap Equity Select Open | |||
MNA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MNA has been loosely correlated with ARB. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if MNA jumps, then ARB could also see price increases.
| Ticker / NAME | Correlation To MNA | 1D Price Change % | ||
|---|---|---|---|---|
| MNA | 100% | +0.03% | ||
| ARB - MNA | 47% Loosely correlated | +0.07% | ||
| EVNT - MNA | 44% Loosely correlated | N/A | ||
| MARB - MNA | 39% Loosely correlated | -0.03% | ||
| MRGR - MNA | 5% Poorly correlated | N/A | ||
| SPAX - MNA | 5% Poorly correlated | N/A | ||
More | ||||