MGA Trading Signals: Hourly Price Prediction

^ MGA: Intraday Hourly Prediction Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Oct. 18, 2023

MGA Trading Signals: Hourly Price Forecast and Prediction

(Magna International Inc.)

One month low (close): $51.3800 One month high (close): $56.4000

MGA Daily Change: -3.71% Daily StdDev 1.61% MGA EMA_5_Trend: -1.2% 10Minute StdDev: $0.8293

Latest Price : $51.38(-3.71%)

Fri. Oct 20, 2023($0.4) Thu. Oct 19, 2023($1.1) Wed. Oct 18, 2023($0.8) Tue. Oct 17, 2023($0.1) Mon. Oct 16, 2023($0.4) Fri. Oct 13, 2023($0.9) Thu. Oct 12, 2023($0.6) Wed. Oct 11, 2023($0.5)

MGA Charts Daily Hourly 15 Minutes

Daily EMA5 Trend: -1.2% Daily EMA 20 BBV: -1.9

Sample size 50 Avg positive next hour return: 0.35%(62%) Avg negative next hour return: -0.48%(38%)

i	Date	Time	Daily EMA20	Daily EMA10	Hourly MA20	Hourly MA10	Hourly MA5	Hourly Price	Daily BBV	Daily Trend Level	VL	STB	SMA20 Trend	Trend Force	Moving Force	Price Level	Gap	Pattern	sma5 BBV	Trade	Next SMA20 Trend	SMA5 Trend	Price Change Level	Change Strength	Next Change	Price Level Indicators	Daily RSI
Wed. Oct. 18, 2023
1	Oct/18	10	53.16	53.16	52.94(-0.02)	53.18(-0.15)	52.99(-0.54)	52.09	-1.1	-5	58(1)	-50	[-1]	[-41]	[-13]	-59	-270	DT	-1.6	OpenShort	(-1)	-34	9	-49	-20	-1.5,29	41
Daily Trend: % Up Forces: Down Forces: Support Levels: Resistance Levels: 52.94(hourly_sma_20 1.63%) 53.16(daily_ema_10 2.05%) 53.16(daily_ema_20 2.05%) 53.18(hourly_sma_10 2.09%)

2	Oct/18	9	53.16	53.16	52.95(-0.06)	53.26(-0.21)	53.28(-0.6)	52.02	-1.2	-5	57(3.5)	-50	[-4]	[-47]	[-76]	-32	-266	DT	-2.3	OpenShort?	(-3)	-37	-177	-40	-20	-1.7,61	41
3	Oct/17	15	53.36	53.31	52.98(0.06)	53.37(0.09)	53.6(0.04)	53.47	0.1	-3	54(7.2)	-35	[4]	[7]	[-12]	65	43	CR	-0.3	HoldShort?	(6)	3	-29	-10	-2	1,90	55
4	Oct/17	14	53.36	53.31	52.95(0.09)	53.32(0.11)	53.58(0.24)	53.71	0.3	-3	46(3)	20	[6]	[20]	[8]	87	111	UT	0.3	OpenLong	(5)	15	16	-2	20	1.5,99	55
5	Oct/17	13	53.36	53.31	52.9(0.08)	53.26(0.06)	53.45(0.17)	53.58	0.2	-3	43(2)	5	[5]	[14]	[-0]	87	93	RG	0.3	Wait	(5)	11	-7	3	17	1.5,99	55

6	Oct/17	12	53.36	53.31	52.86(0.08)	53.23(0.17)	53.36(0.23)	53.64	0.3	-3	41(3.9)	20	[5]	[21]	[7]	95	129	UT	0.6	OpenLong	(6)	14	7	14	20	1.8,100	55
7	Oct/17	11	53.36	53.31	52.86(0)	53.14(0.26)	53.24(0.21)	53.58	0.2	-3	38(1.2)	-5	[0]	[22]	[10]	94	190	UR	0.8	SmallShort	(4)	13	22	13	6	1.9,96	55
8	Oct/17	10	53.36	53.31	52.82(0.02)	53(0.23)	53.13(0.15)	53.4	0	-3	36(0.7)	10	[1]	[17]	[15]	79	127	RG	0.7	Wait	(0)	9	39	12	2	1.5,91	55
9	Oct/17	9	53.36	53.31	52.81(-0.02)	52.88(0.17)	53.05(-0.04)	53.08	-0.3	-3	36(-1)	-30	[-1]	[3]	[0]	54	61	RG	0.1	Wait?	(-1)	-3	0	8	-13	0.7,86	55
10	Oct/16	15	53.5	53.19	52.82(-0.06)	52.79(0.13)	53.07(-0.06)	53.08	-0.3	-6	37(1.8)	-50	[-4]	[-1]	[3]	54	94	DP	0	OpenShort?	(-1)	-4	3	7	13	0.7,86	52

11	Oct/16	14	53.5	53.19	52.85(-0.13)	52.72(0.15)	53.1(0.11)	53.06	-0.4	-6	35(-12)	-50	[-8]	[9]	[3]	43	190	UR	-0.1	SmallShort	(-4)	7	0	9	15	0.5,80	52
12	Oct/16	13	53.5	53.19	52.92(-0.13)	52.64(0.1)	53.04(0.32)	53.06	-0.4	-6	47(-8.1)	-50	[-8]	[21]	[5]	31	230	UR	0	SmallShort	(-10)	20	0	12	20	0.2,76	52
13	Oct/16	12	53.5	53.19	52.99(-0.13)	52.59(0.02)	52.87(0.3)	53.06	-0.4	-6	55(-5.1)	-45	[-8]	[17]	[8]	33	206	UR	0.3	SmallShort	(-9)	19	-4	26	20	0.1,80	52
14	Oct/16	11	53.5	53.19	53.06(-0.11)	52.58(0.08)	52.71(0.38)	53.09	-0.3	-6	60(-4.2)	-40	[-7]	[24]	[5]	16	207	UR	0.5	SmallShort	(-9)	24	-15	32	20	0,66	52
15	Oct/16	10	53.5	53.19	53.12(-0.09)	52.54(0.15)	52.51(0.44)	53.21	-0.2	-6	64(-5.6)	-5	[-6]	[30]	[27]	-6	211	UR	0.9	SmallShort	(-7)	28	53	26	20	0.1,42	52

16	Oct/16	9	53.5	53.19	53.17(-0.19)	52.46(-0.1)	52.28(0.08)	52.78	-0.6	-6	70(-2.8)	-20	[-12]	[-2]	[30]	-46	132	DP	0.6	OpenShort?	(-11)	5	73	14	20	-0.5,17	52
17	Oct/13	15	53.65	53.17	53.27(-0.22)	52.51(-0.23)	52.24(-0.13)	52.2	-1	-9	73(10.2)	-50	[-14]	[-21]	[1]	-79	-19	DP	-0	OpenShort?	(-15)	-8	-1	4	10	-1.2,1	40
18	Oct/13	14	53.65	53.17	53.39(-0.19)	52.63(-0.21)	52.31(-0.27)	52.21	-1	-9	62(1.9)	-50	[-12]	[-29]	[1]	-83	-102	DP	-0.1	OpenShort	(-16)	-17	5	3	-12	-1.3,0	40
19	Oct/13	13	53.65	53.17	53.49(-0.19)	52.74(-0.21)	52.45(-0.23)	52.17	-1	-9	61(3.2)	-50	[-12]	[-26]	[-8]	-88	-123	DT	-0.3	OpenShort	(-12)	-15	-18	-0	-20	-1.5,0	40
20	Oct/13	12	53.65	53.17	53.59(-0.13)	52.85(-0.25)	52.57(-0.15)	52.31	-0.9	-9	57(3.9)	-50	[-8]	[-22]	[-4]	-90	-150	DT	-0.3	OpenShort	(-12)	-9	-3	-4	-20	-1.6,0	40

21	Oct/13	11	53.65	53.17	53.66(-0.17)	52.98(-0.43)	52.65(-0.25)	52.33	-0.9	-9	53(4.4)	-50	[-11]	[-34]	[-8]	-92	-146	DT	-0.4	OpenShort	(-9)	-16	-26	-0	10	-1.8,3	40
22	Oct/13	10	53.65	53.17	53.75(-0.11)	53.21(-0.36)	52.78(-0.34)	52.54	-0.8	-9	49(4)	-50	[-7]	[-37]	[-14]	-87	-205	DT	-0.3	OpenShort	(-10)	-21	-43	5	-6	-1.7,6	40
23	Oct/13	9	53.65	53.17	53.81(-0.11)	53.4(-0.26)	52.96(-0.13)	52.89	-0.5	-9	45(2.3)	-50	[-7]	[-20]	[3]	-79	-95	DP	-0.1	OpenShort?	(-6)	-8	10	7	-17	-1.4,6	40
24	Oct/12	15	53.89	53.32	53.87(-0.11)	53.54(-0.28)	53.03(-0.17)	52.81	-0.7	-9	43(5)	-50	[-7]	[-23]	[2]	-91	-136	DP	-0.4	OpenShort?	(-9)	-11	15	-4	-20	-1.7,2	49
25	Oct/12	14	53.89	53.32	53.93(-0.09)	53.69(-0.35)	53.12(-0.36)	52.69	-0.8	-9	38(5.4)	-50	[-6]	[-37]	[-17]	-101	-228	DT	-0.8	HoldShort	(-9)	-23	-32	-3	-20	-2.2,4	49

26	Oct/12	13	53.89	53.32	53.98(-0.06)	53.88(-0.3)	53.31(-0.6)	52.95	-0.6	-9	32(3.1)	-50	[-4]	[-50]	[-26]	-100	-276	DT	-0.8	HoldShort	(-5)	-38	-59	-13	-20	-2.2,5	49
27	Oct/12	12	53.89	53.32	54.01(-0.02)	54.04(-0.22)	53.63(-0.41)	53.43	-0.3	-9	29(0.2)	-50	[-1]	[-35]	[-1]	-78	-190	DT	-0.5	HoldShort	(-1)	-26	16	-21	-20	-1.3,5	49
28	Oct/12	11	53.89	53.32	54.01(0)	54.16(-0.15)	53.85(-0.39)	53.3	-0.4	-9	29(0.1)	-50	[0]	[-31]	[-14]	-92	-223	DR	-1.3	HoldShort	(0)	-25	4	-55	-20	-1.7,1	49
29	Oct/12	10	53.89	53.32	54.02(-0.04)	54.24(-0.18)	54.06(-0.44)	53.27	-0.4	-9	29(2.2)	-50	[-3]	[-36]	[-26]	-62	-207	DT	-1.8	OpenShort	(-1)	-28	-37	-42	-20	-1.8,33	49
30	Oct/12	9	53.89	53.32	54.04(-0.06)	54.24(0)	54.3(-0.29)	53.57	-0.2	-9	27(0.4)	-50	[-4]	[-21]	[-52]	-16	-102	DT	-1.8	OpenShort?	(0)	-18	-122	-24	-20	-1.2,64	49

31	Oct/11	15	54.07	53.41	54.07(0.11)	54.34(0.09)	54.46(0.04)	54.59	0.3	-5	26(0.5)	15	[7]	[9]	[5]	72	4	UT	0.3	OpenLong?	(3)	3	10	3	9	1.3,89	53
32	Oct/11	14	54.07	53.41	54.01(0.13)	54.29(0.13)	54.44(-0.04)	54.51	0.3	-5	26(-2)	25	[8]	[5]	[6]	65	-49	UT	0.2	OpenLong	(6)	-3	22	-7	2	1.3,82	53
33	Oct/11	13	54.07	53.41	53.94(0.09)	54.22(0.06)	54.46(0.06)	54.33	0.2	-5	28(-1.3)	0	[6]	[9]	[-1]	56	-3	CR	-0.3	HoldShort	(7)	4	1	-10	5	0.9,83	53
34	Oct/11	12	54.07	53.41	53.89(0.15)	54.19(0.04)	54.43(0.06)	54.32	0.2	-5	29(-3.4)	5	[10]	[9]	[-10]	64	-53	CR	-0.3	HoldShort	(7)	4	-25	-9	4	1,89	53
35	Oct/11	11	54.07	53.41	53.81(0.2)	54.17(0.17)	54.4(0.33)	54.53	0.3	-5	33(-4.7)	45	[13]	[32]	[2]	85	14	UT	0.3	HoldLong	(12)	21	-1	7	17	1.5,97	53

36	Oct/11	10	54.07	53.41	53.7(0.21)	54.08(0.17)	54.22(0.15)	54.54	0.3	-5	37(-3.5)	20	[14]	[20]	[0]	85	-10	UT	0.6	HoldLong	(13)	10	-7	7	17	1.5,97	53
37	Oct/11	9	54.07	53.41	53.59(0.22)	53.99(0.22)	54.14(0.3)	54.6	0.4	-5	41(-1.5)	50	[14]	[32]	[23]	90	46	UT	0.8	HoldLong?	(16)	19	54	16	20	1.7,97	53
38	Oct/10	15	54.11	53.19	53.47(0.19)	53.87(0.15)	53.98(0.04)	54.15	0	-10	42(3.6)	5	[12]	[11]	[0]	64	-49	RG	0.3	Wait?	(12)	3	0	-1	6	1.1,86	43
39	Oct/10	14	54.11	53.19	53.37(0.19)	53.79(0.09)	53.96(0.02)	54.15	0	-10	39(-2.1)	35	[12]	[8]	[20]	65	-34	UT	0.3	OpenLong	(12)	1	54	0	20	1.2,85	43
40	Oct/10	13	54.11	53.19	53.27(0.17)	53.74(-0.09)	53.95(0.02)	53.71	-0.2	-10	41(-2.8)	-35	[11]	[2]	[-15]	41	-84	CR	-0.3	HoldShort	(11)	1	-42	-11	11	0.6,76	43

41	Oct/10	12	54.11	53.19	53.18(0.21)	53.79(0.11)	53.94(0.22)	54.06	-0	-10	44(-0.3)	30	[14]	[22]	[10]	68	17	UT	0.2	OpenLong	(14)	14	27	-1	19	1.2,88	43
42	Oct/10	9	54.11	53.19	53.07(0.13)	53.73(0.11)	53.82(0.09)	53.84	-0.2	-10	44(-0.2)	-20	[8]	[12]	[-9]	64	43	CR	0	HoldShort?	(11)	6	-25	3	-17	1,89	43
43	Oct/9	15	54.3	53.06	53(0.15)	53.67(0.17)	53.77(0.28)	54.05	-0.1	-14	44(4.9)	5	[10]	[25]	[2]	73	120	RG	0.4	Wait?	(11)	18	-4	9	17	1.4,88	38
44	Oct/9	14	54.3	53.06	52.92(0.15)	53.58(0.24)	53.62(0.17)	54.08	-0.1	-14	39(2.6)	25	[10]	[20]	[18]	71	113	UT	0.6	OpenLong	(11)	11	48	8	13	1.6,81	38
45	Oct/9	13	54.3	53.06	52.84(0.13)	53.45(0.26)	53.53(-0.21)	53.69	-0.3	-14	37(0.8)	-15	[8]	[-4]	[3]	55	-21	RG	0.2	Wait	(7)	-14	14	-1	-15	1.3,72	38

46	Oct/9	12	54.3	53.06	52.77(0.11)	53.31(0.24)	53.64(0.02)	53.58	-0.4	-14	36(1.1)	-10	[7]	[10]	[2]	46	46	RG	-0.1	Wait	(9)	1	16	-13	-17	1.2,66	38
47	Oct/9	11	54.3	53.06	52.71(0.09)	53.18(0.23)	53.63(0.11)	53.45	-0.5	-14	35(1.2)	-20	[6]	[15]	[0]	48	79	RG	-0.3	Wait	(7)	7	17	-24	-17	1.2,68	38
48	Oct/9	10	54.3	53.06	52.66(0.11)	53.06(0.17)	53.57(-0.02)	53.31	-0.5	-14	33(-0.6)	-35	[7]	[5]	[-11]	57	7	CR	-0.4	HoldShort	(5)	-1	-41	19	-11	1.1,79	38
49	Oct/9	9	54.3	53.06	52.6(0.17)	52.97(0.34)	53.58(0.39)	53.65	-0.4	-14	34(2.7)	-15	[11]	[38]	[-15]	85	128	CR	0.1	OpenShort?	(11)	25	-65	28	20	1.7,92	38
50	Oct/6	15	54.46	53.08	52.51(0.21)	52.79(0.46)	53.37(0.76)	54.19	-0.1	-14	31(9.9)	25	[14]	[67]	[40]	121	300	UT	1.4	HoldLong?	(15)	49	77	40	20	2.9,98	40
i	Date	Time	Daily EMA20	Daily EMA10	Hourly MA20	Hourly MA10	Hourly MA5	Hourly Price	Daily BBV	Daily Trend Level	VL	STB	SMA20 Trend	Trend Force	Moving Force	Price Level	Gap	Pattern	sma5 BBV	Trade	Next SMA20 Trend	SMA5 Trend	Price Change Level	Change Strength	Next Change	Price Level Indicators	Daily RSI