Trading Signals: MGA Stock Price Prediction and Forecast

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Thu. Jul. 14, 2016

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

(Magna International Inc.)
MGA latest price $37.6900 (1.84%) ($37.1700 - $38.0500) on Thu. Jul. 14, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.11% (three month average)
RSI   39
Latest Price   $37.6900(1.84%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 2.1% a day on average for past five trading days.
Weekly Trend   MGA advances 1.3% a week on average for past two weeks.
Market Behavior   Broad based rally 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 -1.055% in a week (0% probabilities).
VIXM(-19%)    UUP(-17%)    TLT(-17%)    IPO(-6%)    IGOV(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.055% (StdDev 2.11%)
Hourly BBV 0 ()
Intraday Trend 0.3%

5 Day Moving Average   $36.37(3.63%)
10 Day Moving Average   $35.43(6.38%)
20 Day Moving Average   $36.33(3.74%)
To recent high   -13.4%
To recent low   11.9%
Market Cap   $124.98b

$. MGA price fluctuates within 6.03% (three month std-dev: 2.11%) daily (68% of days).

Sample size 3 Average positive next day return: 2.39%(67%) Average negative next day return: -1.46%(33%) Sample size 3 Average positive next three day return: 2.39%(67%) Average negative next three day return: -0.98%(33%) Sample size 3 Average positive next weekly return: 0.49%(33%) Average negative next weekly return: -7.85%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160814

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_14_2016	40.04	36.33	35.43	36.37	36.59	37.19	37.69(1.84%)	UT	OpenLong	75	0.6	47	130	44	55	1.64	36%	0.07	-34.5	2.11%	0	0.6	39	0
2	Jul_13_2016	40.01	36.37	35.12	35.62	35.86	36.61	37.01(1.34%)	RB	SmallLong	20	0.6	29	170	42	-9	1.83	39%	0.05	-48.1	2.1%	0	0.3	42	0
3	Jul_12_2016	39.99	36.45	34.79	34.98	35.17	35.99	36.52(2.53%)	N/A	N/A	0	0.7	15	180	45	-74	2.03	39%	0.03	-59.3	2.12%	0	0	40	0
4	Jul_11_2016	39.98	36.58	34.5	34.46	34.45	35.12	35.62(1.74%)	DP	OpenShort	-65	0.5	-18	140	25	-148	2.28	36%	0.03	-65.9	2.1%	0	-0.4	34	0
5	Jul_8_2016	39.97	36.8	34.52	34.34	34.2	34.35	35.01(3.21%)	DP	OpenShort	-65	0.3	-38	20	11	-184	1.95	36%	0.03	-64.8	2.09%	0	-0.7	33	0

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		12.7	1.45%	0	1.2	73	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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