Trading Signals: MGA Stock Price Prediction and Forecast

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

Thu. Jul. 7, 2016

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

(Magna International Inc.)
MGA latest price $33.9200 (0.27%) ($33.5800 - $34.4400) on Thu. Jul. 7, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.05% (three month average)
RSI   31
Latest Price   $33.9200(0.27%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA declines -0.6% a day on average for past five trading days.
Weekly Trend   MGA declines -6.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal 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 -1.025% in a week (0% probabilities).
VIXM(-20%)    UUP(-17%)    TLT(-17%)    IPO(-6%)    IGOV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.025% (StdDev 2.05%)
Hourly BBV 0 ()
Intraday Trend -0.2%

1 - 5 Day Possible Target   $21.65(-36.17%)
Resistance Level   $37.1
5 Day Moving Average   $34.36(-1.28%)
10 Day Moving Average   $34.97(-3%)
20 Day Moving Average   $37.1(-8.57%)
To recent high   -22.1%
To recent low   0.7%
Market Cap   $112.479b

$. MGA price fluctuates within 7.06% (three month std-dev: 2.05%) daily (68% of days).

Sample size 17 Average positive next day return: 3.79%(59%) Average negative next day return: -0.92%(41%) Sample size 17 Average positive next three day return: 3.23%(47%) Average negative next three day return: -4.94%(53%) Sample size 17 Average positive next weekly return: 5.28%(47%) Average negative next weekly return: -7.33%(53%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160807

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	Jul_7_2016	39.96	37.1	34.97	34.36	34.34	33.79	33.92(0.27%)	DP	OpenShort	-75	-0.2	-60	-110	-16	-190	1.41	29%	-0.05	-61.2	2.05%	0	-1.2	31	0
2	Jul_6_2016	39.98	37.48	35.45	34.56	34.59	34.06	33.83(-0.29%)	DT	OpenShort	-75	-0.3	-63	-100	-23	-183	2.51	29%	0.03	-57.2	2.09%	0	-1.4	30	0
3	Jul_5_2016	39.97	37.87	35.96	34.55	34.83	34.89	33.93(-3.14%)	DT	OpenShort	-75	-0.2	-46	40	-2	-176	2.01	29%	0	-56.8	2.09%	0	-1.5	30	0
4	Jul_1_2016	39.97	38.22	36.52	34.49	34.7	35.13	35.03(-0.11%)	DP	OpenShort	-65	0.2	-41	110	4	-177	1.25	30%	0.1	-60.9	2.06%	0	-1.3	32	0
5	Jun_30_2016	39.93	38.5	36.94	34.72	34.59	34.78	35.07(0.43%)	DP	OpenShort	-75	0.1	-64	30	-23	-187	2.38	30%	0.08	-60.9	2.06%	0	-1.4	29	0

6	Jun_29_2016	39.9	38.78	37.32	35.73	35.1	34.27	34.92(3.37%)	DP	OpenShort	-75	-0.4	-76	-220	-44	-172	2.66	30%	0.1	-53.1	2.07%	0	-1.7	26	0
7	Jun_28_2016	39.86	39.07	37.74	36.54	36.45	34.41	33.78(0.33%)	DP	OpenShort	-75	-1.3	-107	-400	-84	-177	4.49	25%	0.05	-46.4	2.04%	0	-2.5	18	0
8	Jun_27_2016	39.84	39.43	38.29	37.59	37.73	35.94	33.67(-6.94%)	DT	HoldShort	-65	-2.2	-123	-320	-109	-163	4.79	25%	0.03	-36.5	2.04%	0	-3.2	18	0
9	Jun_24_2016	39.83	39.81	38.91	38.78	38.84	38.49	36.18(-9.82%)	DT	OpenShort	-75	-2.1	-70	-60	-56	-111	4.28	29%	0.1	-24	1.88%	0	-3	29	0
10	Jun_23_2016	39.79	40.03	39.34	39.41	39.56	39.52	40.12(2.98%)	N/A	N/A	0	0.8	1	0	25	-72	1.13	39%	0.18	-7.4	1.44%	0	0.1	47	0

11	Jun_22_2016	39.72	40.04	39.42	39.41	39.36	39.18	38.96(-0.2%)	DT	OpenShort	-75	-0.2	-34	-20	-12	-100	1.06	32%	0.13	-13.8	1.4%	0	-1.2	38	0
12	Jun_21_2016	39.67	40.09	39.67	39.15	39.22	39.6	39.04(-1.46%)	DT	HoldShort	-50	-0.1	-18	70	4	-84	1.27	32%	0.1	-16.4	1.4%	0	-1.3	38	0
13	Jun_20_2016	39.63	40.09	39.91	39.13	39.16	39.54	39.62(0.74%)	N/A	N/A	0	0.6	7	70	32	-67	1.52	33%	0.15	-24.2	1.39%	0	-0.6	41	0
14	Jun_17_2016	39.57	40.09	40.02	39.07	38.94	38.83	39.33(1.39%)	DP	OpenShort	-75	0.3	-29	-30	-9	-87	1.06	33%	0.13	-28.2	1.39%	0	-0.9	36	0
15	Jun_16_2016	39.52	40.1	40.14	39.28	39.09	38.79	38.79(-0.46%)	DT	OpenShort	-75	-0.6	-50	-70	-38	-86	1.84	30%	0.08	-29.2	1.39%	0	-1.5	38	0

16	Jun_15_2016	39.49	40.16	40.32	39.76	39.61	39.05	38.97(0.13%)	DP	OpenShort	-75	-1	-46	-110	-41	-59	1.31	30%	0.1	-20.1	1.42%	0	-1.5	39	0
17	Jun_14_2016	39.45	40.23	40.48	40.28	40.13	39.39	38.92(-1.07%)	DT	OpenShort	-75	-1.8	-53	-140	-60	-30	2.01	30%	0.13	-9.7	1.42%	0	-1.7	46	0
18	Jun_13_2016	39.4	40.3	40.66	40.8	40.82	40.17	39.34(-2.55%)	CR	SmallShort	-20	-2.1	-27	-110	-43	22	1.52	30%	0.1	5.3	1.41%	0	-1.4	57	0
19	Jun_10_2016	39.36	40.34	40.66	41.09	41.19	40.87	40.37(-1.97%)	N/A	N/A	0	-1.1	-1	-50	-21	58	1.09	43%	0.15	11	1.45%	0	0	60	0
20	Jun_9_2016	39.3	40.35	40.81	41.1	41.22	41.46	41.18(-0.99%)	UD	OpenLong	75	0.1	26	50	7	82	0.9	47%	0.2	12.7	1.45%	0	1.2	73	0

21	Jun_8_2016	39.22	40.32	40.72	40.95	41.04	41.51	41.59(0.17%)	UT	OpenLong	75	1	47	90	33	89	1.15	40%	0.2	14.3	1.47%	0	2	64	0
22	Jun_7_2016	39.14	40.3	40.54	40.73	40.68	40.97	41.52(1.79%)	UT	OpenLong	75	1.3	35	50	24	67	1.4	40%	0.05	5.8	1.56%	0	1.9	60	0
23	Jun_6_2016	39.12	40.26	40.29	40.53	40.44	40.56	40.79(0.94%)	UT	OpenLong	75	0.4	15	10	6	40	1.26	35%	0.05	-10.9	1.55%	0	0.9	54	0
24	Jun_3_2016	39.1	40.27	40.17	40.51	40.41	40.4	40.41(-0.12%)	UD	OpenLong	75	-0.2	12	-10	4	36	1.27	35%	0.03	-19.5	1.57%	0	0.2	54	0
25	Jun_2_2016	39.09	40.26	40.04	40.48	40.4	40.31	40.46(0.02%)	UD	OpenLong	65	-0	3	-20	-2	18	1.7	35%		-38.3	1.58%	0	0.3	48	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

Click to see actual return for next trading day.