Trading Signals: MGA Stock Price Prediction and Forecast

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Mon. Jul. 17, 2017

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

(Magna International Inc.)
MGA latest price $47.6800 (-0.93%) ($47.5700 - $48.2000) on Mon. Jul. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.36% (three month average)
RSI   67
Latest Price   $47.6800(-0.93%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.3% a day on average for past five trading days.
Weekly Trend   MGA advances 2.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock 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 -0.68% 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   -0.68% (StdDev 1.36%)
Hourly BBV 0 ()
Intraday Trend -1.1%

5 Day Moving Average   $47.84(-0.33%)
10 Day Moving Average   $47.11(1.21%)
20 Day Moving Average   $46.19(3.23%)
To recent high   -0.9%
To recent low   20.5%
Market Cap   $158.107b

$. MGA price fluctuates within 2.6% (three month std-dev: 1.36%) daily (68% of days).

Sample size 11 Average positive next day return: 1.05%(45%) Average negative next day return: -0.67%(55%) Sample size 11 Average positive next three day return: 0.88%(55%) Average negative next three day return: -0.95%(45%) Sample size 11 Average positive next weekly return: 3.71%(73%) Average negative next weekly return: -1.42%(27%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170817

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	Jul_17_2017	43.76	46.19	47.11	47.84	47.95	47.97	47.68(-0.93%)	UD	OpenLong	75	-0.1	33	10	7	112	1.17	64%	0.11	60.4	1.36%	0	1.2	67	0
2	Jul_14_2017	43.71	45.98	46.98	47.68	47.78	48.01	48.13(0.33%)	UT	OpenLong	75	0.4	48	40	23	124	1.31	64%	0.07	46.7	1.35%	0	1.7	74	0
3	Jul_13_2017	43.68	45.83	46.73	47.28	47.43	47.94	47.97(0.1%)	UT	OpenLong	75	0.6	56	80	37	114	1.44	64%	0.05	40.8	1.37%	0	1.8	74	0
4	Jul_12_2017	43.66	45.68	46.49	46.88	46.95	47.56	47.92(0.84%)	UT	HoldLong	65	1	60	100	44	108	1.57	64%	0.05	31.5	1.38%	0	2.1	77	0
5	Jul_11_2017	43.64	45.57	46.17	46.54	46.49	46.91	47.52(1.41%)	UT	OpenLong	75	1.1	48	60	34	90	1.68	64%	0.09	27	1.38%	0	2.1	75	0

6	Jul_10_2017	43.6	45.47	45.98	46.29	46.25	46.34	46.86(1.63%)	UT	OpenLong	75	0.7	30	10	13	81	1.85	62%	0.05	21.3	1.37%	0	1.7	72	0
7	Jul_7_2017	43.58	45.4	45.8	46.19	46.27	46.07	46.11(0.3%)	UT	HoldLong	65	-0.1	23	-30	1	88	1.54	61%	0.02	14.1	1.36%	0	1	76	0
8	Jul_6_2017	43.57	45.36	45.69	46.09	46.26	46.15	45.97(-0.54%)	UD	OpenLong	65	-0.2	14	-10	-8	79	0.86	61%	0.02	6.9	1.36%	0	0.8	55	0
9	Jul_5_2017	43.56	45.35	45.55	46.03	46.17	46.46	46.22(-0.19%)	UD	OpenLong	75	0.3	33	50	17	80	1.52	57%	-0.02	11.8	1.36%	0	1.2	55	0
10	Jul_3_2017	43.57	45.32	45.38	45.73	45.97	46.37	46.31(-0.04%)	UD	OpenLong	75	0.8	36	80	30	54	0.55	49%	0.05	5.1	1.44%	0	1.4	50	0

11	Jun_30_2017	43.55	45.3	45.19	45.61	45.55	45.87	46.33(1.51%)	UT	OpenLong	75	1	23	50	20	33	1.76	49%	0.09	7	1.48%	0	1.5	52	0
12	Jun_29_2017	43.51	45.29	44.91	45.36	45.41	45.57	45.64(-0.07%)	UD	OpenLong	75	0.4	15	30	19	4	1.81	48%	0.07	7.9	1.47%	0	0.5	51	0
13	Jun_28_2017	43.48	45.31	44.85	45.23	45.25	45.23	45.67(2.19%)	N/A	N/A	0	0.6	6	-0	10	-8	1.97	48%	0.05	10.4	1.47%	0	0.5	51	0
14	Jun_27_2017	43.46	45.26	44.81	45	45.07	45.23	44.69(-2.25%)	DT	HoldShort	-50	-0.4	-4	30	4	-28	3.33	45%	0.05	-0.6	1.45%	0	-0.8	41	0
15	Jun_26_2017	43.44	45.29	44.93	44.95	44.97	45.26	45.72(1.4%)	RB	SmallLong	20	1.1	15	50	27	-21	1.42	47%	0.05	-4.5	1.43%	0	0.6	48	0

16	Jun_23_2017	43.42	45.25	44.92	44.71	44.68	44.89	45.09(0.22%)	N/A	N/A	0	0.5	7	30	22	-39	1.54	47%	0.05	-15.5	1.42%	0	-0.2	42	0
17	Jun_22_2017	43.4	45.24	44.95	44.38	44.46	44.69	44.99(1.1%)	DP	OpenShort	-65	0.9	-11	40	8	-69	1.52	47%	0.05	-26.1	1.42%	0	-0.4	38	0
18	Jun_21_2017	43.38	45.23	44.98	44.43	44.34	44.48	44.5(0.07%)	DP	OpenShort	-65	0.1	-19	20	1	-77	2.13	43%	0.02	-20.4	1.42%	0	-1	38	0
19	Jun_20_2017	43.37	45.27	45.13	44.6	44.44	44.23	44.47(-0.07%)	DT	OpenShort	-75	-0.2	-27	-40	-15	-64	1.99	43%	0.02	-18.4	1.48%	0	-1.2	50	0
20	Jun_19_2017	43.36	45.32	45.27	44.91	44.78	44.2	44.5(2.39%)	DP	OpenShort	-75	-0.6	-37	-100	-33	-50	2.01	43%	0.05	-8.8	1.48%	0	-1.2	48	0

21	Jun_16_2017	43.34	45.36	45.43	45.17	45.29	44.65	43.46(-3.87%)	DT	OpenShort	-75	-2.7	-42	-90	-44	-35	2.68	40%	0	3.5	1.45%	0	-3	42	0
22	Jun_15_2017	43.34	45.42	45.73	45.57	45.63	45.37	45.21(-0.31%)	N/A	N/A	0	-0.7	-16	-40	-24	7	1.42	47%	0.05	23.1	1.37%	0	-0.4	57	0
23	Jun_14_2017	43.32	45.38	45.82	45.6	45.74	45.94	45.35(-1.5%)	UD	OpenLong	65	-0.4	7	40	-1	29	1.31	47%	0.05	33.8	1.39%	0	-0.1	57	0
24	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	0
25	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%		88.3	1.39%	0	0.7	53	0
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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