Trading Signals: MGA Stock Price Prediction and Forecast

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Tue. Jun. 13, 2017

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

(Magna International Inc.)
MGA latest price $46.0400 (0.59%) ($45.8400 - $46.6000) on Tue. Jun. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.38% (three month average)
RSI   60
Latest Price   $46.0400(0.59%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.1% a day on average for past five trading days.
Weekly Trend   MGA advances 0.8% 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%)    PEJ(70%)
Factors Impacting MGA price   MGA will decline at least -0.69% in a week (0% probabilities).
UUP(-19%)    VIXM(-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   -0.69% (StdDev 1.38%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $45.74(0.66%)
10 Day Moving Average   $45.78(0.57%)
20 Day Moving Average   $45.39(1.43%)
To recent high   -0.7%
To recent low   16.3%
Market Cap   $152.669b

$. MGA price fluctuates within 1.3% (three month std-dev: 1.38%) daily (68% of days).

Sample size 12 Average positive next day return: 1.21%(25%) Average negative next day return: -0.79%(75%) Sample size 12 Average positive next three day return: 0.94%(50%) Average negative next three day return: -1.28%(50%) Sample size 12 Average positive next weekly return: 0.93%(67%) Average negative next weekly return: -2.85%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170713

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	Jun_13_2017	43.3	45.39	45.78	45.74	45.68	45.89	46.04(0.59%)	UT	OpenLong	75	0.5	22	30	15	42	1.57	49%	0.09	61.5	1.38%	0	1.1	60	INF
2	Jun_12_2017	43.26	45.38	45.69	45.7	45.63	45.54	45.77(0.68%)	UT	OpenLong	75	0.1	8	-20	0	31	1.01	49%	0.07	88.3	1.39%	0	0.7	53	INF
3	Jun_9_2017	43.23	45.34	45.62	45.75	45.66	45.47	45.46(0.15%)	N/A	N/A	0	-0.5	-8	-40	-19	25	1.01	49%	0.07	113.3	1.39%	0	0.2	53	INF
4	Jun_8_2017	43.2	45.3	45.56	45.93	45.85	45.72	45.39(-1.39%)	UD	OpenLong	65	-0.9	2	-30	-12	42	1.13	49%	0.07	138.6	1.39%	0	0.2	62	INF
5	Jun_7_2017	43.17	45.18	45.51	46.06	46.01	45.85	46.03(0.41%)	UT	OpenLong	75	-0	20	-30	5	63	1.17	52%	0.05	114.5	1.38%	0	1	70	INF

6	Jun_6_2017	43.15	45.03	45.41	45.82	45.92	45.97	45.84(-0.39%)	UD	OpenLong	75	0	13	10	3	44	1.15	52%	0.07	101	1.38%	0	0.9	50	INF
7	Jun_5_2017	43.12	44.87	45.36	45.67	45.68	46.16	46.02(-0.78%)	UD	OpenLong	75	0.3	29	70	24	42	1.45	52%	0.02	87.2	1.39%	0	1.1	50	INF
8	Jun_2_2017	43.11	44.69	45.28	45.46	45.37	45.86	46.38(0.72%)	UT	OpenLong	75	0.8	41	70	41	41	1.73	52%	0.02	77.8	1.39%	0	1.5	59	INF
9	Jun_1_2017	43.1	44.48	45.07	45.14	45.04	45.2	46.05(2.81%)	UT	OpenLong	75	0.8	22	20	24	14	2.07	52%	0.02	70.9	1.39%	0	1.3	60	INF
10	May_31_2017	43.09	44.28	44.88	44.89	44.83	44.88	44.79(-0.71%)	N/A	N/A	0	-0.1	-1	0	-2	3	2.14	47%	-0.02	65.6	1.38%	0	0.4	66	INF

11	May_30_2017	43.1	44.12	44.96	44.95	44.85	44.87	45.11(0.27%)	UT	HoldLong	50	0.1	7	-0	-1	31	1.38	47%	-0.02	62	1.37%	0	0.7	67	INF
12	May_26_2017	43.11	43.97	44.96	45.01	44.95	44.79	44.99(0.56%)	UD	OpenLong	65	-0	10	-30	-7	62	0.8	44%	0	62.3	1.39%	0	0.7	69	INF
13	May_25_2017	43.11	43.81	44.96	45.06	45.13	44.83	44.74(-0.13%)	UD	OpenLong	65	-0.2	16	-40	-8	89	1.62	44%	-0.02	65.4	1.4%	0	0.6	69	INF
14	May_24_2017	43.12	43.65	45.02	44.98	45.17	45.1	44.8(-0.64%)	UD	OpenLong	65	-0.1	25	0	-4	111	1.3	39%	0.02	62.1	1.41%	0	0.7	70	INF
15	May_23_2017	43.11	43.46	44.85	44.86	45	45.43	45.09(-0.73%)	UD	OpenLong	75	0.1	32	80	6	110	1.39	39%	0.05	61.9	1.53%	0	1	74	INF

16	May_22_2017	43.09	43.28	44.64	44.98	44.84	45.23	45.42(0.4%)	UT	HoldLong	65	0.3	47	50	18	135	0.94	39%	0.05	70	1.54%	0	1.3	78	INF
17	May_19_2017	43.07	43.07	44.36	45.06	44.92	44.57	45.24(1.96%)	UT	OpenLong	75	0.1	37	-60	2	143	1.51	39%	0.05	76.2	1.52%	0	1.3	72	INF
18	May_18_2017	43.05	42.84	44.07	45.01	45.1	44.44	44.37(0.43%)	UD	OpenLong	65	-0.4	9	-100	-33	135	1.73	35%	0	81.3	1.52%	0	1	70	INF
19	May_17_2017	43.05	42.68	43.87	45.07	45.32	45.26	44.18(-3.28%)	UD	OpenLong	65	-0.5	34	10	-7	158	2.17	35%	0	84.7	1.53%	0	0.9	72	INF
20	May_16_2017	43.05	42.48	43.64	44.79	45.29	45.75	45.68(-0.33%)	UD	OpenLong	75	0.5	80	100	45	183	1.57	39%	0.07	77.7	1.47%	0	1.9	88	INF

21	May_15_2017	43.02	42.17	43.22	44.23	44.54	45.38	45.83(1.89%)	UT	HoldLong	65	1	83	150	56	162	1.85	39%	0.05	71.9	1.47%	0	2.3	79	INF
22	May_12_2017	43	41.87	42.82	43.55	43.79	44.82	44.98(0.69%)	UT	HoldLong	65	1.1	88	180	70	142	2.28	35%	0.02	70.4	1.44%	0	2.3	78	INF
23	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
24	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
25	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%		60.4	1.39%	0	1.8	73	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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