Trading Signals: MGA Stock Price Prediction and Forecast

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Tue. Feb. 23, 2016

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

(Magna International Inc.)
MGA latest price $34.9500 (-1.58%) ($34.8300 - $35.7500) on Tue. Feb. 23, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.4% (three month average)
RSI   54
Latest Price   $34.9500(-1.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.8% a day on average for past five trading days.
Weekly Trend   MGA advances 3.6% 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)
IWM(70%)    IWN(70%)    IWD(69%)    EWG(68%)    IVE(68%)
Factors Impacting MGA price   MGA will decline at least -1.2% in a week (0% probabilities).
VIXM(-21%)    TLT(-19%)    UUP(-18%)    IGOV(-6%)    IPO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.2% (StdDev 2.4%)
Hourly BBV 0 ()
Intraday Trend -1.5%

5 Day Moving Average   $34.89(0.17%)
10 Day Moving Average   $33.67(3.8%)
20 Day Moving Average   $33.69(3.74%)
To recent high   -1.6%
To recent low   11.4%
Market Cap   $115.894b

$. MGA price fluctuates within 4.04% (three month std-dev: 2.4%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -3.81%(100%) Sample size 1 Average positive next three day return: 2.59%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 5.47%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160323

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	Feb_23_2016	33.83	33.69	33.67	34.89	34.9	35.21	34.95(-1.58%)	UD	OpenLong	75	0	39	60	19	97	1.58	57%	0.15	13.9	2.4%	0	0.9	54	INF
2	Feb_22_2016	33.78	33.64	33.32	34.63	34.74	34.68	35.51(3.77%)	UT	OpenLong	75	0.7	30	-0	19	61	2.07	57%	0.24	0	2.42%	0	1.4	49	INF
3	Feb_19_2016	33.7	33.6	33.02	34.14	34.32	34.59	34.22(-1.55%)	UD	OpenLong	75	0.1	17	70	14	27	1.85	51%	0.06	0	2.35%	0	0.5	47	INF
4	Feb_18_2016	33.68	33.61	32.89	33.62	33.92	34.81	34.76(-0.66%)	UD	OpenLong	75	0.9	34	210	43	8	1.63	51%	0.15	0	2.38%	0	0.9	50	INF
5	Feb_17_2016	33.63	33.56	32.66	33	33.02	34.05	34.99(3.92%)	RB	SmallLong	20	1.5	28	220	48	-32	2.73	51%	0.21	0	2.43%	0	1.1	47	INF

6	Feb_16_2016	33.56	33.5	32.51	32.27	32.33	33.02	33.67(1.78%)	N/A	N/A	0	1.1	12	150	41	-77	2.32	44%	0.03	0	2.34%	0	0.1	40	INF
7	Feb_12_2016	33.55	33.5	32.61	31.83	31.74	32	33.08(4.68%)	UT	OpenLong	75	1	11	50	13	5	2.19	44%	-0.09	0	2.36%	0	25.6	45	INF
8	Feb_11_2016	33.58	33.5	32.74	31.75	31.53	31.63	31.6(-0.16%)	DT	OpenShort	-75	-0.1	-10	0	-12	-5	2.74	32%	-0.36	0	2.11%	0	23.9	31	INF
9	Feb_10_2016	33.7	33.5	33.02	32.07	31.93	31.49	31.65(0.89%)	DP	OpenShort	-75	-0.3	-7	-110	-8	-3	2.7	32%	-0.38	0	2.17%	0	24.9	36	INF
10	Feb_9_2016	33.83	33.5	33.35	32.27	32.17	31.43	31.37(-0.25%)	DT	OpenShort	-75	-0.8	-37	-170	-43	-17	4.35	32%	-0.47	0	2.21%	0	26.1	39	INF

11	Feb_8_2016	33.99	33.5	33.74	32.76	32.73	32.38	31.45(-3.79%)	DT	OpenShort	-75	-1.2	-33	-80	-39	-16	2.31	32%	-0.53	0	2.29%	0	30	39	INF
12	Feb_5_2016	34.17	33.5	34.03	33.5	33.35	32.91	32.69(-1.45%)	DT	OpenShort	-75	-1	-17	-110	-20	-8	1.75	39%	-0.32	0	2.19%	0	39.4	50	INF
13	Feb_4_2016	34.28	33.5	34.28	33.88	33.77	33.08	33.17(1.59%)	DP	OpenShort	-75	-0.9	-24	-150	-28	-11	2.32	39%	-0.29	0	2.25%	0	44.2	50	INF
14	Feb_3_2016	34.38	33.5	34.43	34.12	34.22	33.79	32.65(-3.55%)	DT	OpenShort	-75	-2.1	-27	-80	-32	-13	3	39%	-0.43	0	2.28%	0	46.6	50	INF
15	Feb_2_2016	34.53	33.5	34.58	34.6	34.58	34.47	33.85(-3.62%)	DT	OpenShort	-75	-1.5	-12	-20	-14	-6	2.11	48%	-0.2	0	2.15%	0	69.1	50	INF

16	Feb_1_2016	34.6	33.5	34.62	34.86	34.83	34.64	35.12(1.53%)	UT	OpenLong	75	0.6	4	-40	5	2	1.98	65%	0.14	0	1.88%	0	74.7	50	INF
17	Jan_29_2016	34.55	33.5	34.62	34.65	34.84	34.7	34.59(0.58%)	DP	OpenShort	-75	-0.1	-12	-10	-14	-6	1.84	65%	0.03	0	1.95%	0	75.2	50	INF
18	Jan_28_2016	34.54	33.5	34.62	34.77	34.97	35.01	34.39(-1.83%)	DT	OpenShort	-75	-0.8	-2	30	-2	-1	2.09	65%	-0.06	0	2.08%	0	71.6	50	INF
19	Jan_27_2016	34.56	33.5	34.62	34.79	35.1	34.99	35.03(-0.37%)	UD	OpenLong	75	0.5	9	0	10	4	1.62	65%	0.23	0	2.07%	0	68.7	50	INF
20	Jan_26_2016	34.48	33.5	34.62	34.56	34.93	34.94	35.16(3.14%)	UT	OpenLong	75	1.2	3	30	3	1	2.16	65%	0.38	0	2.23%	0	68.9	50	INF

21	Jan_25_2016	34.35	33.5	34.62	34.35	34.62	35.22	34.09(-3.07%)	UD	OpenLong	75	-0.6	213	140	251	100	24.05	50%	-0.17	0	2.06%	0	74.1	50	INF
22	Jan_22_2016	34.41	33.5	34.62	27.53	34.36	34.93	35.17(1.97%)	UT	OpenLong	75	15.6	482	860	567	227	2.52	85%	0.73	0	1.21%	0	71.8	50	INF
23	Jan_21_2016	34.16	33.5	34.62	20.5	34.36	34.93	34.49(1.8%)	UT	OpenLong	75	56	695	NAN	818	327	3.02	73%	0.47	0	1.24%	0	138	50	INF
24	Jan_20_2016	34	33.5	34.62	13.6	34.36	34.93	33.88(-0.67%)	N/A	N/A	0	169	NAN	NAN	INF	NAN	2.6	0%	-0.32	0	0%	0	282.3	50	INF
25	Jan_19_2016	34.11	33.5	34.62	6.82	34.36	34.93	34.11(0%)	N/A	N/A	0	INF	NAN	NAN	NAN	NAN	2.46	0%		NAN	0%	0	INF	50	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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