Trading Signals: MGA Stock Price Prediction and Forecast

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Wed. Nov. 1, 2017

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

(Magna International Inc.)
MGA latest price $55.1300 (1.06%) ($54.5900 - $55.2300) on Wed. Nov. 1, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.3% (three month average)
RSI   55
Latest Price   $55.1300(1.06%)
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 0.5% a week on average for past two weeks.
Market Behavior   Value stock rally 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(72%)    IWN(72%)    EWG(70%)    IWD(70%)
Factors Impacting MGA price   MGA will decline at least -0.65% 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   -0.65% (StdDev 1.3%)
Hourly BBV 0 ()
Intraday Trend 0.3%

5 Day Moving Average   $54.77(0.66%)
10 Day Moving Average   $54.94(0.35%)
20 Day Moving Average   $54.64(0.9%)
To recent high   -0.7%
To recent low   20.8%
Market Cap   $182.811b

$. MGA price fluctuates within 1.12% (three month std-dev: 1.3%) daily (68% of days).

Sample size 6 Average positive next day return: 0.87%(67%) Average negative next day return: -0.63%(33%) Sample size 6 Average positive next three day return: 1.08%(33%) Average negative next three day return: -1.55%(67%) Sample size 6 Average positive next weekly return: 1.73%(33%) Average negative next weekly return: -2.81%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171201

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	Nov_1_2017	49.44	54.64	54.94	54.77	54.7	54.78	55.13(1.06%)	UT	OpenLong	75	0.6	13	10	9	26	1.06	60%	0.18	42.9	1.3%	0	0.8	55	0
2	Oct_31_2017	49.35	54.59	54.92	54.74	54.74	54.55	54.55(0.17%)	N/A	N/A	0	-0.3	-4	-20	-11	19	0.93	60%	0.18	44.7	1.33%	0	-0.1	49	0
3	Oct_30_2017	49.26	54.56	54.83	54.93	54.87	54.63	54.46(-0.15%)	N/A	N/A	0	-0.7	-11	-30	-19	12	0.69	60%	0.18	56.4	1.33%	0	-0.2	45	0
4	Oct_27_2017	49.17	54.53	54.72	55.04	55.08	54.94	54.54(-1.14%)	CR	SmallShort	-20	-0.7	-8	-20	-14	11	0.93	60%	0.18	61.6	1.34%	0	0	53	0
5	Oct_26_2017	49.08	54.48	54.75	55.21	55.22	55.11	55.17(0.38%)	UD	OpenLong	65	-0.1	6	-10	-2	31	0.78	60%	0.2	67.2	1.33%	0	0.9	57	0

6	Oct_25_2017	48.98	54.38	54.67	55.12	55.23	55.23	54.96(-1.04%)	UD	OpenLong	65	-0.2	6	10	-2	29	0.77	60%	0.18	66.4	1.33%	0	0.8	55	0
7	Oct_24_2017	48.89	54.32	54.65	55.14	55.11	55.33	55.54(1%)	UT	OpenLong	75	0.5	23	30	16	43	0.8	60%	0.18	75.4	1.33%	0	1.6	58	0
8	Oct_23_2017	48.8	54.2	54.6	54.72	55.08	55.23	54.99(-0.72%)	UD	OpenLong	75	0.4	36	40	34	42	0.8	60%	0.18	73.3	1.33%	0	1.1	57	0
9	Oct_20_2017	48.71	54.12	54.51	54.34	54.58	54.9	55.39(1.24%)	UT	OpenLong	75	1.5	14	50	12	18	1.49	56%	0.21	67.7	1.36%	0	1.8	60	0
10	Oct_19_2017	48.61	54	54.36	54.22	54.14	54.92	54.71(-0.62%)	UD	OpenLong	75	0.7	24	100	25	22	1.45	58%	0.21	72.3	1.36%	0	1	60	0

11	Oct_18_2017	48.51	53.9	54.31	54.16	54.18	54.27	55.05(2.99%)	UT	OpenLong	75	1.2	38	10	39	33	2.06	58%	0.21	74.8	1.37%	0	1.5	64	0
12	Oct_17_2017	48.41	53.76	54.21	54.11	53.98	53.36	53.45(0.66%)	N/A	N/A	0	-0.8	-36	-90	-48	0	1.11	55%	0.1	85.7	1.32%	0	-0.4	51	0
13	Oct_16_2017	48.36	53.69	54.26	54.48	54.43	54.09	53.1(-3.08%)	CR	SmallShort	-20	-1.5	-17	-50	-32	29	2.37	55%	0.17	102.9	1.33%	0	-0.6	51	0
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	Sep_28_2017	47.24	50.92	52.72	53.28	53.37	53.42	53.17(-0.77%)	UT	HoldLong	50	-0.1	48	10	4	178	0.95	64%		79.6	1.27%	0	1.1	91	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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