Trading Signals: MGA Stock Price Prediction and Forecast

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

Fri. Oct. 13, 2017

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

(Magna International Inc.)
MGA latest price $54.7900 (0.72%) ($54.6400 - $54.8900) on Fri. Oct. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.26% (three month average)
RSI   67
Latest Price   $54.7900(0.72%)
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 1.2% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support MGA advance at 0% a week (0% probability)
PAVE(73%)    IWM(72%)    IWN(72%)    EWG(70%)    IWD(70%)
Factors Impacting MGA price   MGA will decline at least -0.63% in a week (0% probabilities).
UUP(-20%)    VIXM(-18%)    TLT(-18%)    IGOV(-6%)    GDXJ(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.63% (StdDev 1.26%)
Hourly BBV 0 ()
Intraday Trend 0.1%

5 Day Moving Average   $54.67(0.22%)
10 Day Moving Average   $54.35(0.81%)
20 Day Moving Average   $53.63(2.16%)
To recent high   -0.9%
To recent low   20.1%
Market Cap   $181.684b

$. MGA price fluctuates within 1.83% (three month std-dev: 1.26%) daily (68% of days).

Sample size 4 Average positive next day return: 0.69%(75%) Average negative next day return: -0.72%(25%) Sample size 4 Average positive next three day return: 3.03%(25%) Average negative next three day return: -2.92%(75%) Sample size 4 Average positive next weekly return: 1.72%(25%) Average negative next weekly return: -2.79%(75%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171113

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	Oct_13_2017	48.28	53.63	54.35	54.67	54.77	54.59	54.79(0.72%)	UT	OpenLong	75	0.1	16	-20	1	59	0.79	59%	0.21	116.9	1.26%	0	1.2	67	0
2	Oct_12_2017	48.18	53.49	54.22	54.51	54.64	54.77	54.4(-0.75%)	UD	OpenLong	65	-0.1	10	20	-5	53	1.25	59%	0.21	118	1.26%	0	0.9	67	0
3	Oct_11_2017	48.08	53.33	54.1	54.46	54.59	54.95	54.81(-0.85%)	UD	OpenLong	75	0.3	37	50	27	68	1.14	61%	0.21	102	1.26%	0	1.1	75	0
4	Oct_10_2017	47.98	53.06	53.97	54.32	54.36	54.51	55.28(2.2%)	UT	HoldLong	65	0.6	36	20	24	73	1.94	63%	0.21	91.3	1.26%	0	1.5	85	0
5	Oct_9_2017	47.88	52.76	53.76	54.04	54.18	54.23	54.09(0.24%)	UT	HoldLong	65	0	19	10	3	65	0.5	60%	0.19	83.9	1.25%	0	0.8	83	0

6	Oct_6_2017	47.79	52.51	53.69	53.99	54.14	54.21	53.96(-0.41%)	UD	OpenLong	75	-0	27	20	10	79	1.1	60%	0.21	75.8	1.25%	0	0.8	83	0
7	Oct_5_2017	47.69	52.26	53.6	53.87	54.02	54.12	54.18(0.13%)	UT	HoldLong	65	0.2	31	20	13	85	0.97	60%	0.21	71.7	1.25%	0	1	83	0
8	Oct_4_2017	47.59	51.98	53.46	53.67	53.82	54.07	54.11(0.46%)	UT	HoldLong	65	0.2	33	40	13	92	0.71	60%	0.19	71.3	1.25%	0	1.1	87	0
9	Oct_3_2017	47.5	51.7	53.26	53.56	53.65	53.92	53.86(0.06%)	UT	HoldLong	65	0.1	44	40	20	116	0.94	60%	0.17	73.1	1.26%	0	1	91	0
10	Oct_2_2017	47.42	51.42	53.06	53.45	53.5	53.58	53.83(0.84%)	UT	HoldLong	65	0.2	43	10	13	132	0.84	60%	0.19	76.2	1.26%	0	1.2	90	0

11	Sep_29_2017	47.33	51.18	52.86	53.35	53.41	53.38	53.38(0.39%)	UT	HoldLong	65	0	38	-0	1	149	0.74	62%	0.19	80.1	1.27%	0	1.1	90	0
12	Sep_28_2017	47.24	50.92	52.72	53.28	53.37	53.42	53.17(-0.77%)	TP	CloseLong	-10	-0.1	48	10	4	178	0.95	64%	0.21	79.6	1.27%	0	1.1	91	0
13	Sep_27_2017	47.14	50.6	52.51	53.2	53.27	53.44	53.58(0.53%)	UT	HoldLong	65	0.2	65	30	19	204	1.41	61%	0.23	73.3	1.29%	0	1.4	96	0
14	Sep_26_2017	47.03	50.24	52.09	52.91	53.01	53.32	53.3(-0.06%)	TP	CloseLong	-10	0.2	68	50	24	199	1.15	61%	0.23	66.5	1.32%	0	1.4	96	0
15	Sep_25_2017	46.92	49.91	51.69	52.61	52.67	53.11	53.33(0.6%)	UT	HoldLong	65	0.3	75	60	33	200	1.88	61%	0.26	64.6	1.33%	0	1.6	97	0

16	Sep_22_2017	46.8	49.63	51.25	52.3	52.29	52.7	53.01(0.45%)	UT	HoldLong	65	0.3	70	50	31	186	0.89	61%	0.24	68.2	1.33%	0	1.6	79	0
17	Sep_21_2017	46.69	49.36	50.81	52.08	52	52.23	52.77(1.21%)	UT	HoldLong	65	0.4	68	30	29	183	1.09	61%	0.24	73.8	1.33%	0	1.8	82	0
18	Sep_20_2017	46.58	49.08	50.38	51.72	51.75	51.88	52.14(0.66%)	UT	HoldLong	65	0.2	70	20	31	187	1.07	61%	0.24	75.2	1.33%	0	1.7	85	0
19	Sep_19_2017	46.47	48.82	50.01	51.13	51.31	51.77	51.8(0.08%)	UT	HoldLong	65	0.4	72	70	36	180	1.04	63%	0.22	73.5	1.33%	0	1.8	85	0
20	Sep_18_2017	46.37	48.55	49.64	50.61	50.65	51.63	51.76(-0.29%)	UD	OpenLong	75	0.7	91	140	62	176	1.48	63%	0.22	69.7	1.35%	0	2	79	0

21	Sep_15_2017	46.27	48.26	49.35	50.03	49.95	50.84	51.91(1.76%)	UT	OpenLong	75	1.3	93	120	72	155	2.59	58%	0.24	65.3	1.45%	0	2.5	70	0
22	Sep_14_2017	46.16	47.98	48.95	49.37	49.32	49.66	51.01(3.76%)	UT	OpenLong	75	1.4	63	50	45	118	3.46	54%	0.22	63.5	1.44%	0	2.5	66	0
23	Sep_13_2017	46.06	47.78	48.51	48.87	48.88	49.05	49.16(-0.08%)	UD	OpenLong	75	0.3	27	20	9	79	1.37	50%	0.17	58.5	1.38%	0	1.4	62	0
24	Sep_12_2017	45.98	47.63	48.24	48.72	48.77	48.98	49.2(0.7%)	UT	OpenLong	75	0.5	32	30	19	70	1.14	50%	0.17	45.6	1.38%	0	1.6	63	0
25	Sep_11_2017	45.9	47.48	48	48.51	48.61	48.72	48.86(0.49%)	UT	OpenLong	75	0.4	20	20	7	58	1.04	50%		32.5	1.38%	0	1.5	67	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

Click to see actual return for next trading day.