Trading Signals: MGA Stock Price Prediction and Forecast

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

Thu. Apr. 6, 2017

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

(Magna International Inc.)
MGA latest price $39.8400 (0.13%) ($39.5100 - $40.0700) on Thu. Apr. 6, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.48% (three month average)
RSI   22
Latest Price   $39.8400(0.13%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA declines -1.8% a day on average for past five trading days.
Weekly Trend   MGA declines -2.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MGA advance at 0% a week (0% probability)
PAVE(73%)    IWM(71%)    IWN(71%)    IWD(70%)    EWG(69%)
Factors Impacting MGA price   MGA will decline at least -0.74% in a week (0% probabilities).
VIXM(-19%)    UUP(-18%)    TLT(-18%)    IGOV(-7%)    IPO(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.74% (StdDev 1.48%)
Hourly BBV 0 ()
Intraday Trend 0.1%

1 - 5 Day Possible Target   $36.02(-9.59%)
Resistance Level   $42.74
5 Day Moving Average   $41.08(-3.02%)
10 Day Moving Average   $42.13(-5.44%)
20 Day Moving Average   $42.74(-6.79%)
To recent high   -12.8%
To recent low   0.1%
Market Cap   $132.109b

$. MGA price fluctuates within 2.99% (three month std-dev: 1.48%) daily (68% of days).

Sample size 23 Average positive next day return: 1.12%(57%) Average negative next day return: -0.82%(43%) Sample size 23 Average positive next three day return: 2.17%(57%) Average negative next three day return: -1.46%(43%) Sample size 23 Average positive next weekly return: 2.52%(43%) Average negative next weekly return: -3.7%(57%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170506

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	Apr_6_2017	43.49	42.74	42.13	41.08	40.94	40.12	39.84(0.13%)	DP	OpenShort	-75	-1	-81	-150	-65	-129	1.99	31%	0	-38.1	1.48%	0	-2.3	22	INF
2	Apr_5_2017	43.49	42.88	42.42	41.84	41.85	40.78	39.79(-2.21%)	DT	HoldShort	-65	-1.9	-83	-180	-74	-111	2.17	31%	0	-29.2	1.48%	0	-2.8	20	INF
3	Apr_4_2017	43.49	43.05	42.75	42.6	42.66	41.77	40.69(-2.96%)	DT	HoldShort	-65	-2.2	-74	-140	-70	-86	2.2	37%	0.07	-18.3	1.46%	0	-2.8	23	INF
4	Apr_3_2017	43.46	43.17	42.95	43.18	43.26	42.92	41.93(-2.85%)	DT	OpenShort	-75	-1.9	-39	-50	-35	-52	1.61	43%	0.07	0	1.45%	0	-1.9	39	INF
5	Mar_31_2017	43.43	43.22	43.15	43.43	43.53	43.55	43.16(-1.12%)	DT	HoldShort	-50	-0.4	-1	10	5	-18	1.06	47%	0.12	4.9	1.43%	0	-0.1	51	INF

6	Mar_30_2017	43.38	43.23	43.23	43.33	43.35	43.6	43.65(0.23%)	N/A	N/A	0	0.5	10	40	16	-7	0.94	47%	0.12	3.5	1.43%	0	0.7	60	INF
7	Mar_29_2017	43.33	43.21	43.29	43.1	43.08	43.51	43.55(-0.09%)	UD	OpenLong	75	0.7	19	70	25	2	0.94	47%	0.09	-21.3	1.43%	0	0.6	63	INF
8	Mar_28_2017	43.29	43.2	43.36	42.94	42.82	43.09	43.59(0.9%)	UT	OpenLong	75	1.1	23	40	28	9	1.34	47%	0.09	-44.7	1.43%	0	0.6	58	INF
9	Mar_27_2017	43.25	43.17	43.36	42.71	42.57	42.66	43.2(1.27%)	DP	OpenShort	-75	0.8	-6	0	-4	-10	1.35	47%	0.12	-74.3	1.44%	0	0	55	INF
10	Mar_24_2017	43.2	43.19	43.35	42.85	42.74	42.55	42.66(0.35%)	DP	OpenShort	-75	-0.3	-11	-40	-14	-3	0.91	47%	0.09	-80.6	1.43%	0	-0.9	50	INF

11	Mar_23_2017	43.16	43.21	43.35	43.13	43.09	42.49	42.51(-0.49%)	DT	OpenShort	-75	-0.8	-28	-100	-36	-2	1.08	47%	0.05	-71.3	1.45%	0	-0.9	43	INF
12	Mar_22_2017	43.14	43.34	43.37	43.51	43.53	42.92	42.72(0.66%)	N/A	N/A	0	-0.9	-34	-100	-47	6	1.39	47%	0.07	-49.3	1.45%	0	-0.7	47	INF
13	Mar_21_2017	43.11	43.48	43.38	43.84	44.03	43.69	42.44(-3.39%)	N/A	N/A	0	-1.4	-12	-40	-25	26	1.89	47%	0.02	-33.2	1.46%	0	-1.1	42	INF
14	Mar_20_2017	43.1	43.63	43.43	44.06	44.2	44.13	43.93(-0.25%)	UD	OpenLong	75	-0.1	13	-0	0	50	1.23	52%	0.09	-23.9	1.39%	0	0.3	61	INF
15	Mar_17_2017	43.06	43.7	43.32	43.91	44.01	44.37	44.04(-0.86%)	UD	OpenLong	75	0.1	25	60	19	42	1.22	52%	0.07	-21.6	1.38%	0	0.3	51	INF

16	Mar_16_2017	43.03	43.74	43.25	43.65	43.7	44.27	44.42(0.07%)	UT	OpenLong	75	0.7	45	90	46	42	0.85	52%	0.09	-19.8	1.39%	0	0.6	60	INF
17	Mar_15_2017	42.99	43.77	43.11	43.22	43.26	43.64	44.39(2.02%)	RB	SmallLong	20	1	28	60	38	-2	1.45	52%	0.09	-19.5	1.39%	0	0.6	43	INF
18	Mar_14_2017	42.95	43.8	43.01	42.88	42.86	43.13	43.51(0.69%)	N/A	N/A	0	0.5	1	40	18	-51	0.88	43%	0.05	-19	1.36%	0	-0.3	35	INF
19	Mar_13_2017	42.93	43.86	42.94	42.72	42.72	42.87	43.21(1.17%)	DP	OpenShort	-65	0.4	-11	20	13	-83	1.04	43%	0.07	-17.4	1.42%	0	-0.6	33	INF
20	Mar_10_2017	42.9	43.92	42.98	42.66	42.68	42.59	42.71(1.02%)	DP	OpenShort	-75	0	-32	-10	-5	-111	0.93	43%	0.07	-16	1.41%	0	-1.1	30	INF

21	Mar_9_2017	42.87	43.96	43.02	42.8	42.73	42.57	42.28(-0.96%)	DT	OpenShort	-75	-0.5	-45	-30	-17	-128	0.69	43%	0.02	-12.5	1.42%	0	-1.5	31	INF
22	Mar_8_2017	42.86	44	43.29	42.98	42.93	42.77	42.69(-0.09%)	DT	OpenShort	-75	-0.3	-40	-30	-13	-119	0.83	43%	0.07	-11.2	1.42%	0	-1.2	32	INF
23	Mar_7_2017	42.83	44.03	43.57	43.14	43.09	42.9	42.73(-0.33%)	DT	OpenShort	-75	-0.4	-35	-30	-11	-107	1.08	52%	0.02	-8.6	1.43%	0	-1.2	32	INF
24	Mar_6_2017	42.82	44.06	43.85	43.17	43.26	43.08	42.87(-1.24%)	DT	OpenShort	-75	-0.3	-31	-20	-12	-89	0.8	54%	0.02	-7.5	1.63%	0	-1.1	39	INF
25	Mar_3_2017	42.81	44.11	44.11	43.34	43.35	43.27	43.41(0.49%)	DP	OpenShort	-75	0.1	-22	-10	-5	-72	0.83	54%		0.9	1.63%	0	-0.7	44	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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