Trading Signals: MGA Stock Price Prediction and Forecast

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

Tue. Sep. 6, 2016

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

(Magna International Inc.)
MGA latest price $41.3100 (0.51%) ($41.0000 - $41.5300) on Tue. Sep. 6, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.14% (three month average)
RSI   58
Latest Price   $41.3100(0.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.4% a day on average for past five trading days.
Weekly Trend   MGA advances 0.2% a week on average for past two weeks.
Market Behavior   Growth stock 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%)    PEJ(69%)    EWG(68%)
Factors Impacting MGA price   MGA will decline at least -1.07% in a week (0% probabilities).
VIXM(-19%)    UUP(-18%)    TLT(-17%)    IPO(-7%)    IBUY(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.07% (StdDev 2.14%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $40.64(1.65%)
10 Day Moving Average   $40.51(1.97%)
20 Day Moving Average   $40.55(1.87%)
To recent high   -0.7%
To recent low   22.7%
Market Cap   $136.984b

$. MGA price fluctuates within 0.81% (three month std-dev: 2.14%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161006

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	Sep_6_2016	39.52	40.55	40.51	40.64	40.7	41.06	41.31(0.51%)	UT	OpenLong	75	2	17	70	18	14	1.29	40%	-0.08	133.3	2.14%	0	2.3	58	INF
2	Sep_2_2016	39.55	40.49	40.39	40.46	40.45	40.6	41.1(2.19%)	RB	SmallLong	20	2.1	9	30	12	-1	1.13	40%	0	156.8	2.12%	0	2	48	INF
3	Sep_1_2016	39.55	40.43	40.32	40.29	40.33	40.33	40.22(-0.2%)	DT	HoldShort	-50	-0.1	-2	0	1	-12	1.47	37%	-0.05	92.4	2.11%	0	-0.4	45	INF
4	Aug_31_2016	39.57	40.35	40.34	40.28	40.31	40.3	40.3(0.1%)	DP	OpenShort	-75	0	-4	0	0	-17	1.44	37%	0	70.2	2.11%	0	-0.1	38	INF
5	Aug_30_2016	39.57	40.25	40.37	40.27	40.27	40.3	40.26(-0.35%)	DT	OpenShort	-75	-0	-6	10	-2	-18	0.95	37%	0	47.5	2.11%	0	0	47	INF

6	Aug_29_2016	39.57	40.12	40.41	40.35	40.3	40.33	40.4(0.32%)	DP	OpenShort	-65	0	-1	0	3	-12	0.64	37%	0.03	39	2.12%	0	0.3	49	INF
7	Aug_26_2016	39.56	40.03	40.46	40.31	40.36	40.22	40.27(0.25%)	DP	OpenShort	-75	-0	-4	-20	-2	-11	0.8	37%	0.03	35.1	2.13%	0	0.2	52	INF
8	Aug_25_2016	39.55	39.95	40.49	40.35	40.35	40.26	40.17(-0.25%)	DT	OpenShort	-75	-0.2	-8	-20	-8	-8	0.84	37%	-0.03	32.9	2.13%	0	0.2	55	INF
9	Aug_24_2016	39.56	39.84	40.58	40.4	40.41	40.5	40.27(-0.91%)	UD	OpenLong	65	-0.1	3	20	-1	14	0.84	37%	-0.03	30.3	2.14%	0	0.4	71	INF
10	Aug_23_2016	39.57	39.8	40.61	40.4	40.41	40.45	40.64(1.12%)	UT	HoldLong	65	0.1	11	-0	3	35	0.97	37%	0	37.3	2.14%	0	0.7	77	INF

11	Aug_22_2016	39.57	39.73	40.6	40.48	40.44	40.31	40.19(-0.77%)	UD	OpenLong	65	-0.3	6	-30	-9	51	1.29	37%	-0.05	43.3	2.15%	0	0.4	78	INF
12	Aug_19_2016	39.59	39.67	40.61	40.65	40.58	40.44	40.5(0.27%)	UD	OpenLong	65	-0.1	14	-30	-5	72	0.94	36%	-0.05	50.5	2.15%	0	0.7	65	INF
13	Aug_18_2016	39.61	39.58	40.56	40.66	40.72	40.57	40.39(-0.71%)	UD	OpenLong	65	-0.2	15	-20	-7	81	1.13	36%	-0.08	57.6	2.17%	0	0.7	65	INF
14	Aug_17_2016	39.64	39.5	40.38	40.79	40.77	40.72	40.68(0.07%)	UD	OpenLong	65	-0.1	20	-10	-4	93	0.99	36%	-0.05	65.7	2.17%	0	1	71	INF
15	Aug_16_2016	39.66	39.38	40.13	40.77	40.86	40.87	40.65(-0.88%)	UD	OpenLong	75	-0.1	24	10	2	88	1.09	36%	-0.03	72.2	2.17%	0	1.1	56	INF

16	Aug_15_2016	39.67	39.25	39.82	40.74	40.81	40.82	41.01(1.13%)	UT	OpenLong	75	0.2	22	10	4	77	0.75	36%	0.03	78.8	2.17%	0	1.6	59	INF
17	Aug_12_2016	39.66	39.1	39.57	40.58	40.7	40.85	40.55(-1.24%)	UD	OpenLong	75	-0	23	30	6	72	0.96	36%	-0.03	88.4	2.17%	0	1.3	59	INF
18	Aug_11_2016	39.67	38.95	39.37	40.45	40.59	40.8	41.06(1.23%)	UT	OpenLong	75	0.6	36	50	23	73	1.1	36%	-0.03	99.6	2.17%	0	2	62	INF
19	Aug_10_2016	39.68	38.77	39.04	39.9	40.26	40.56	40.56(0.15%)	UT	OpenLong	75	0.7	30	80	25	46	1.11	36%	-0.03	107.4	2.17%	0	1.8	61	INF
20	Aug_9_2016	39.69	38.59	38.9	39.38	39.65	40.38	40.5(0.72%)	UT	OpenLong	75	1.1	36	150	35	38	1.39	36%	-0.08	108.5	2.17%	0	1.9	64	INF

21	Aug_8_2016	39.72	38.39	38.76	38.75	38.94	39.96	40.21(0.73%)	UT	OpenLong	75	1.4	36	200	40	23	2.07	36%	-0.05	96.4	2.17%	0	1.7	64	INF
22	Aug_5_2016	39.74	38.17	38.6	38.42	38.33	38.92	39.92(4.23%)	UT	OpenLong	75	1.3	28	100	33	12	2.34	36%	-0.08	83.4	2.18%	0	1.5	62	INF
23	Aug_4_2016	39.77	37.93	38.48	38.15	38.05	37.92	38.3(0.84%)	N/A	N/A	0	0.1	4	-30	6	-1	1.23	28%	-0.1	65.7	2.12%	0	0.3	58	INF
24	Aug_3_2016	39.81	37.73	38.53	38.06	38.07	37.74	37.98(1.69%)	DP	OpenShort	-75	-0.1	-16	-60	-19	-7	1.09	28%	-0.1	52.8	2.17%	0	0.2	54	INF
25	Aug_2_2016	39.85	37.54	38.57	38.35	38.24	38.18	37.35(-3.14%)	N/A	N/A	0	-0.6	-11	-20	-19	13	1.54	28%		53.5	2.17%	0	-0.1	57	INF
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.