Trading Signals: MGA Stock Price Prediction and Forecast

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Mon. Mar. 7, 2016

Trading Signals: MGA Stock Price Prediction and Forecast (Tue. Jan. 19, 2016 - Fri. Oct. 27, 2023)

(Magna International Inc.)
MGA latest price $41.6200 (1.34%) ($40.8400 - $41.8400) on Mon. Mar. 7, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.48% (three month average)
RSI   85
Latest Price   $41.6200(1.34%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 1.4% a day on average for past five trading days.
Weekly Trend   MGA advances 8.4% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MGA advance at 0% a week (0% probability)
IWM(70%)    IWN(70%)    IWD(69%)    EWG(68%)    IVE(68%)
Factors Impacting MGA price   MGA will decline at least -1.24% in a week (0% probabilities).
VIXM(-21%)    TLT(-19%)    UUP(-18%)    IGOV(-5%)    IPO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.24% (StdDev 2.48%)
Hourly BBV 0 ()
Intraday Trend 1.6%

5 Day Moving Average   $40.46(2.87%)
10 Day Moving Average   $38.61(7.8%)
20 Day Moving Average   $36.05(15.45%)
To recent high   0%
To recent low   32.7%
Market Cap   $138.012b

$. MGA price fluctuates within 9.15% (three month std-dev: 2.48%) daily (68% of days).

Sample size 12 Average positive next day return: 1.87%(25%) Average negative next day return: -3.82%(75%) Sample size 12 Average positive next three day return: 4.19%(42%) Average negative next three day return: -2.87%(58%) Sample size 12 Average positive next weekly return: 5.1%(42%) Average negative next weekly return: -3.67%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160407

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_7_2016	35.16	36.05	38.61	40.46	40.46	41.03	41.62(1.34%)	UT	HoldLong	65	0.4	74	100	28	213	2.05	65%	0.57	59.3	2.48%	0	1.7	85	0
2	Mar_4_2016	34.96	35.59	37.99	39.9	40.03	40.48	41.07(1.91%)	UT	HoldLong	65	0.4	76	90	30	212	1.99	65%	0.55	55.5	2.52%	0	1.8	85	0
3	Mar_3_2016	34.77	35.17	37.3	39.34	39.48	39.89	40.3(1.64%)	UT	HoldLong	65	0.3	77	80	31	213	1.99	65%	0.52	53	2.55%	0	1.8	87	0
4	Mar_2_2016	34.59	34.77	36.73	38.38	39	39.58	39.65(0%)	UT	HoldLong	50	0.5	84	150	43	205	1.77	65%	0.49	42.9	2.58%	0	1.9	86	0
5	Mar_1_2016	34.42	34.45	36.24	37.4	37.88	39.08	39.65(2.06%)	UT	HoldLong	65	1	84	260	47	194	2.88	65%	0.53	33.4	2.63%	0	2.2	86	0

6	Feb_29_2016	34.24	34.19	35.63	36.46	36.59	38.43	38.85(1.62%)	UT	HoldLong	65	1.2	87	360	56	179	3.2	65%	0.47	28	2.66%	0	2.3	85	0
7	Feb_26_2016	34.08	33.95	35.04	35.8	35.76	36.69	38.23(7.66%)	UT	OpenLong	75	1.4	87	180	62	161	4.02	65%	0.47	20.7	2.7%	0	2.5	73	0
8	Feb_25_2016	33.92	33.73	34.37	34.99	34.98	34.75	35.51(2.1%)	UT	OpenLong	75	0.4	33	-50	5	117	1.75	57%	0.18	8.6	2.34%	0	1.3	62	0
9	Feb_24_2016	33.86	33.73	33.99	34.84	34.75	34.83	34.78(-0.49%)	UD	OpenLong	65	-0	17	10	-11	100	1.83	57%	0.09	9.8	2.35%	0	0.8	62	0
10	Feb_23_2016	33.83	33.69	33.67	34.89	34.9	35.21	34.95(-1.58%)	UD	OpenLong	75	0	39	60	19	97	1.58	57%	0.15	13.9	2.4%	0	0.9	54	0

11	Feb_22_2016	33.78	33.64	33.32	34.63	34.74	34.68	35.51(3.77%)	UT	OpenLong	75	0.7	30	-0	19	61	2.07	57%	0.24	0	2.42%	0	1.4	49	0
12	Feb_19_2016	33.7	33.6	33.02	34.14	34.32	34.59	34.22(-1.55%)	UD	OpenLong	75	0.1	17	70	14	27	1.85	51%	0.06	0	2.35%	0	0.5	47	0
13	Feb_18_2016	33.68	33.61	32.89	33.62	33.92	34.81	34.76(-0.66%)	UD	OpenLong	75	0.9	34	210	43	8	1.63	51%	0.15	0	2.38%	0	0.9	50	0
14	Feb_17_2016	33.63	33.56	32.66	33	33.02	34.05	34.99(3.92%)	RB	SmallLong	20	1.5	28	220	48	-32	2.73	51%	0.21	0	2.43%	0	1.1	47	0
15	Feb_16_2016	33.56	33.5	32.51	32.27	32.33	33.02	33.67(1.78%)	N/A	N/A	0	1.1	12	150	41	-77	2.32	44%	0.03	0	2.34%	0	0.1	40	0

16	Feb_12_2016	33.55	33.5	32.61	31.83	31.74	32	33.08(4.68%)	UT	OpenLong	75	1	11	50	13	5	2.19	44%	-0.09	0	2.36%	0	25.6	45	0
17	Feb_11_2016	33.58	33.5	32.74	31.75	31.53	31.63	31.6(-0.16%)	DT	OpenShort	-75	-0.1	-10	0	-12	-5	2.74	32%	-0.36	0	2.11%	0	23.9	31	0
18	Feb_10_2016	33.7	33.5	33.02	32.07	31.93	31.49	31.65(0.89%)	DP	OpenShort	-75	-0.3	-7	-110	-8	-3	2.7	32%	-0.38	0	2.17%	0	24.9	36	0
19	Feb_9_2016	33.83	33.5	33.35	32.27	32.17	31.43	31.37(-0.25%)	DT	OpenShort	-75	-0.8	-37	-170	-43	-17	4.35	32%	-0.47	0	2.21%	0	26.1	39	0
20	Feb_8_2016	33.99	33.5	33.74	32.76	32.73	32.38	31.45(-3.79%)	DT	OpenShort	-75	-1.2	-33	-80	-39	-16	2.31	32%	-0.53	0	2.29%	0	30	39	0

21	Feb_5_2016	34.17	33.5	34.03	33.5	33.35	32.91	32.69(-1.45%)	DT	OpenShort	-75	-1	-17	-110	-20	-8	1.75	39%	-0.32	0	2.19%	0	39.4	50	0
22	Feb_4_2016	34.28	33.5	34.28	33.88	33.77	33.08	33.17(1.59%)	DP	OpenShort	-75	-0.9	-24	-150	-28	-11	2.32	39%	-0.29	0	2.25%	0	44.2	50	0
23	Feb_3_2016	34.38	33.5	34.43	34.12	34.22	33.79	32.65(-3.55%)	DT	OpenShort	-75	-2.1	-27	-80	-32	-13	3	39%	-0.43	0	2.28%	0	46.6	50	0
24	Feb_2_2016	34.53	33.5	34.58	34.6	34.58	34.47	33.85(-3.62%)	DT	OpenShort	-75	-1.5	-12	-20	-14	-6	2.11	48%	-0.2	0	2.15%	0	69.1	50	0
25	Feb_1_2016	34.6	33.5	34.62	34.86	34.83	34.64	35.12(1.53%)	UT	OpenLong	75	0.6	4	-40	5	2	1.98	65%		0	1.88%	0	74.7	50	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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