Trading Signals: MGA Stock Price Prediction and Forecast

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Mon. Sep. 19, 2016

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

(Magna International Inc.)
MGA latest price $39.7600 (0.3%) ($39.7500 - $40.4300) on Mon. Sep. 19, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.15% (three month average)
RSI   46
Latest Price   $39.7600(0.3%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA declines -0.3% a day on average for past five trading days.
Weekly Trend   MGA declines -1.2% a week on average for past two weeks.
Market Behavior   Normal 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%)    PEJ(69%)    EWG(68%)
Factors Impacting MGA price   MGA will decline at least -1.075% in a week (0% probabilities).
VIXM(-19%)    UUP(-18%)    TLT(-17%)    IBUY(-7%)    IGOV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.075% (StdDev 2.15%)
Hourly BBV 0 ()
Intraday Trend -0.6%

1 - 5 Day Possible Target   $37.1(-6.69%)
Resistance Level   $40.28
5 Day Moving Average   $39.58(0.45%)
10 Day Moving Average   $40.16(-1%)
20 Day Moving Average   $40.28(-1.29%)
To recent high   -4.3%
To recent low   18.1%
Market Cap   $131.844b

$. MGA price fluctuates within 1.46% (three month std-dev: 2.15%) daily (68% of days).

Sample size 7 Average positive next day return: 0.62%(29%) Average negative next day return: -1.1%(71%) Sample size 7 Average positive next three day return: 0.83%(14%) Average negative next three day return: -1.77%(86%) Sample size 7 Average positive next weekly return: 1.26%(29%) Average negative next weekly return: -2.05%(71%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161019

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_19_2016	39.26	40.28	40.16	39.58	39.57	39.77	39.76(0.3%)	DP	OpenShort	-65	0.3	-6	30	3	-32	0.98	35%	-0.05	-47.9	2.15%	0	-0.9	46	INF
2	Sep_16_2016	39.28	40.32	40.29	39.69	39.5	39.56	39.64(-0.58%)	DT	HoldShort	-50	-0.1	-4	-0	2	-23	1.27	37%	-0.08	-43.8	2.16%	0	-1.2	46	INF
3	Sep_15_2016	39.31	40.36	40.36	39.74	39.58	39.38	39.87(1.63%)	DP	OpenShort	-75	0.2	-13	-50	-9	-26	1.48	37%	-0.08	-48.9	2.16%	0	-0.9	49	INF
4	Sep_14_2016	39.34	40.4	40.41	39.97	39.75	39.43	39.23(-0.38%)	DT	OpenShort	-75	-1.3	-26	-70	-26	-24	1.75	37%	-0.13	-37.5	2.15%	0	-2.1	42	INF
5	Sep_13_2016	39.39	40.48	40.53	40.44	40.25	39.78	39.38(-2.4%)	DT	OpenShort	-75	-2.2	-18	-100	-22	-7	1.96	35%	-0.1	-15.1	2.15%	0	-2.3	40	INF

6	Sep_12_2016	39.43	40.56	40.53	40.83	40.68	40.07	40.35(1.23%)	N/A	N/A	0	-1.1	-16	-120	-24	8	1.57	37%	-0.05	16	2.15%	0	-0.5	53	INF
7	Sep_9_2016	39.45	40.57	40.65	40.98	41.04	40.73	39.86(-2.9%)	N/A	N/A	0	-2.7	-8	-50	-16	16	1.78	36%	-0.1	33.7	2.16%	0	-1.7	45	INF
8	Sep_8_2016	39.49	40.63	40.69	41.05	41.17	41.28	41.05(-1.23%)	UD	OpenLong	75	0	11	30	5	27	1.44	38%	-0.05	72.4	2.13%	0	1	59	INF
9	Sep_7_2016	39.51	40.61	40.61	40.9	40.97	41.35	41.56(0.61%)	UT	OpenLong	75	1.7	19	70	17	24	1.36	40%	-0.03	93.8	2.13%	0	2.4	60	INF
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		78.8	2.17%	0	1.6	59	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

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