Trading Signals: MGA Stock Price Prediction and Forecast

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Thu. May. 11, 2017

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

(Magna International Inc.)
MGA latest price $44.6700 (4.44%) ($43.9000 - $45.4800) on Thu. May. 11, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.45% (three month average)
RSI   80
Latest Price   $44.6700(4.44%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 1.2% a day on average for past five trading days.
Weekly Trend   MGA advances 2.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off 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 -0.725% in a week (0% probabilities).
VIXM(-18%)    UUP(-18%)    TLT(-18%)    IPO(-7%)    IGOV(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.725% (StdDev 1.45%)
Hourly BBV 0 ()
Intraday Trend 1.3%

5 Day Moving Average   $43.02(3.84%)
10 Day Moving Average   $42.48(5.16%)
20 Day Moving Average   $41.59(7.41%)
To recent high   -2.2%
To recent low   12.9%
Market Cap   $148.126b

$. MGA price fluctuates within 2.89% (three month std-dev: 1.45%) daily (68% of days).

Sample size 40 Average positive next day return: 1.1%(73%) Average negative next day return: -1.67%(28%) Sample size 40 Average positive next three day return: 2.55%(43%) Average negative next three day return: -2.26%(58%) Sample size 40 Average positive next weekly return: 3.78%(50%) Average negative next weekly return: -3.28%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170611

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	May_11_2017	42.99	41.59	42.48	43.02	43.12	43.69	44.67(4.44%)	UT	HoldLong	65	1.4	75	100	60	120	4.16	35%	0	65.1	1.45%	0	2.6	80	INF
2	May_10_2017	42.99	41.35	42.14	42.52	42.55	42.75	42.77(-0.33%)	UD	OpenLong	75	0.2	35	40	18	87	2.19	31%	-0.05	65.2	1.34%	0	1.4	65	INF
3	May_9_2017	43.01	41.21	41.95	42.33	42.36	42.55	42.91(1.11%)	UT	OpenLong	75	0.6	37	30	22	83	1.39	31%	-0.05	60.4	1.39%	0	1.8	73	INF
4	May_8_2017	43.03	41.08	41.8	42.05	42.11	42.35	42.44(0.35%)	UT	OpenLong	75	0.4	32	40	14	84	1.1	31%	-0.07	48.4	1.39%	0	1.5	74	INF
5	May_5_2017	43.06	40.95	41.68	41.96	41.91	42.16	42.29(0.24%)	UT	OpenLong	75	0.4	35	40	16	93	1.29	31%	-0.05	30.7	1.38%	0	1.5	67	INF

6	May_4_2017	43.08	40.82	41.51	41.85	41.83	41.88	42.19(0.93%)	UT	OpenLong	75	0.4	36	10	15	98	2.07	31%	-0.07	8.3	1.39%	0	1.6	69	INF
7	May_3_2017	43.11	40.7	41.4	41.7	41.72	41.66	41.8(0.65%)	UT	OpenLong	75	0.1	28	-10	5	98	1.97	31%	-0.09	-17.8	1.39%	0	1.4	63	INF
8	May_2_2017	43.15	40.64	41.24	41.7	41.59	41.79	41.53(-1.07%)	UD	OpenLong	75	0	23	40	2	87	2.74	31%	-0.14	-43.8	1.4%	0	1.2	60	INF
9	May_1_2017	43.21	40.65	41.06	41.5	41.5	41.78	41.98(0.5%)	UT	OpenLong	75	0.6	39	50	22	90	1.31	31%	-0.12	-50	1.4%	0	1.7	63	INF
10	Apr_28_2017	43.26	40.68	40.86	41.36	41.36	41.39	41.77(0.89%)	UT	OpenLong	75	0.4	34	10	17	84	1.44	31%	-0.12	-44.7	1.38%	0	1.2	64	INF

11	Apr_27_2017	43.31	40.76	40.64	41.12	41.28	41.21	41.4(1.37%)	UT	OpenLong	75	0.3	15	-0	0	61	1.28	31%	-0.09	-39.3	1.39%	0	0.6	63	INF
12	Apr_26_2017	43.35	40.85	40.5	41.06	41.18	41.33	40.84(-1.59%)	UD	OpenLong	75	-0.2	21	30	6	64	2.13	29%	-0.07	-33.3	1.38%	0	-0	60	INF
13	Apr_25_2017	43.38	40.97	40.43	40.92	41.06	41.36	41.5(0.51%)	UT	OpenLong	75	0.4	40	60	33	62	1.4	36%	-0.02	-29.7	1.39%	0	0.4	55	INF
14	Apr_24_2017	43.39	41.04	40.29	40.54	40.72	41.03	41.29(1.75%)	UT	OpenLong	75	0.5	26	70	27	21	1.05	40%	-0.02	-37.6	1.42%	0	0.2	43	INF
15	Apr_21_2017	43.4	41.1	40.15	40.29	40.32	40.76	40.58(-1.29%)	N/A	N/A	0	0.2	12	80	24	-25	1.07	37%	-0.05	-45.8	1.43%	0	-0.3	30	INF

16	Apr_20_2017	43.42	41.19	40.07	40.09	40.1	40.41	41.11(2.44%)	N/A	N/A	0	0.7	7	50	32	-69	1.75	37%	0.02	-54.5	1.43%	0	-0.1	30	INF
17	Apr_19_2017	43.41	41.27	39.93	39.86	39.86	39.88	40.13(1.39%)	DP	OpenShort	-65	0.2	-32	0	2	-132	1.6	32%	-0.02	-62.5	1.4%	0	-0.7	22	INF
18	Apr_18_2017	43.42	41.38	39.98	39.87	39.88	39.8	39.58(-1.15%)	DT	HoldShort	-65	-0.2	-48	-10	-8	-167	1.72	30%	-0.02	-66.4	1.38%	0	-1.2	16	INF
19	Apr_17_2017	43.43	41.6	40.2	40	39.95	39.84	40.04(1.16%)	DP	OpenShort	-75	0	-47	-20	-6	-170	1.06	27%	-0.02	-61.8	1.41%	0	-1	23	INF
20	Apr_13_2017	43.44	41.8	40.48	39.99	40.04	39.96	39.58(-1.03%)	DT	OpenShort	-75	-0.2	-46	-10	-6	-166	1.27	27%	-0.05	-55.9	1.43%	0	-1.3	26	INF

21	Apr_12_2017	43.46	42.04	40.87	40.04	40.07	40.07	39.99(-0.47%)	DP	OpenShort	-65	-0	-38	0	1	-153	1.88	27%	-0.02	-50.8	1.43%	0	-1.3	30	INF
22	Apr_11_2017	43.47	42.26	41.21	40	39.99	40.13	40.18(-0.12%)	DT	OpenShort	-75	0.1	-40	20	-3	-151	1.79	27%	-0.02	-49.5	1.43%	0	-1.3	29	INF
23	Apr_10_2017	43.48	42.43	41.55	40.1	40.09	40.06	40.23(0.65%)	DP	OpenShort	-75	0.1	-43	-10	-10	-141	0.88	32%	0	-48	1.43%	0	-1.5	33	INF
24	Apr_7_2017	43.48	42.59	41.84	40.44	40.32	39.86	39.97(0.33%)	DP	OpenShort	-75	-0.3	-68	-90	-43	-141	1.64	31%	-0.02	-44.1	1.47%	0	-1.9	24	INF
25	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%		-38.1	1.48%	0	-2.3	22	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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