Trading Signals: MGA Stock Price Prediction and Forecast

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Tue. Aug. 16, 2016

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

(Magna International Inc.)
MGA latest price $40.6500 (-0.88%) ($40.6400 - $41.1100) on Tue. Aug. 16, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.17% (three month average)
RSI   56
Latest Price   $40.6500(-0.88%)
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 3.2% 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%)    PEJ(69%)    EWG(68%)
Factors Impacting MGA price   MGA will decline at least -1.085% in a week (0% probabilities).
VIXM(-19%)    UUP(-17%)    TLT(-17%)    IPO(-7%)    IBUY(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.085% (StdDev 2.17%)
Hourly BBV 0 ()
Intraday Trend -1%

5 Day Moving Average   $40.77(-0.29%)
10 Day Moving Average   $40.13(1.3%)
20 Day Moving Average   $39.38(3.22%)
To recent high   -2.3%
To recent low   20.7%
Market Cap   $134.795b

$. MGA price fluctuates within 2.84% (three month std-dev: 2.17%) daily (68% of days).

Sample size 13 Average positive next day return: 0.54%(38%) Average negative next day return: -0.67%(62%) Sample size 13 Average positive next three day return: 1.15%(54%) Average negative next three day return: -2.19%(46%) Sample size 13 Average positive next weekly return: 1.42%(54%) Average negative next weekly return: -3.39%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160916

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	Aug_16_2016	39.66	39.38	40.13	40.77	40.86	40.87	40.65(-0.88%)	UD	OpenLong	75	-0.1	24	10	2	88	1.09	36%	-0.03	72.2	2.17%	0	1.1	56	INF
2	Aug_15_2016	39.67	39.25	39.82	40.74	40.81	40.82	41.01(1.13%)	UT	OpenLong	75	0.2	22	10	4	77	0.75	36%	0.03	78.8	2.17%	0	1.6	59	INF
3	Aug_12_2016	39.66	39.1	39.57	40.58	40.7	40.85	40.55(-1.24%)	UD	OpenLong	75	-0	23	30	6	72	0.96	36%	-0.03	88.4	2.17%	0	1.3	59	INF
4	Aug_11_2016	39.67	38.95	39.37	40.45	40.59	40.8	41.06(1.23%)	UT	OpenLong	75	0.6	36	50	23	73	1.1	36%	-0.03	99.6	2.17%	0	2	62	INF
5	Aug_10_2016	39.68	38.77	39.04	39.9	40.26	40.56	40.56(0.15%)	UT	OpenLong	75	0.7	30	80	25	46	1.11	36%	-0.03	107.4	2.17%	0	1.8	61	INF

6	Aug_9_2016	39.69	38.59	38.9	39.38	39.65	40.38	40.5(0.72%)	UT	OpenLong	75	1.1	36	150	35	38	1.39	36%	-0.08	108.5	2.17%	0	1.9	64	INF
7	Aug_8_2016	39.72	38.39	38.76	38.75	38.94	39.96	40.21(0.73%)	UT	OpenLong	75	1.4	36	200	40	23	2.07	36%	-0.05	96.4	2.17%	0	1.7	64	INF
8	Aug_5_2016	39.74	38.17	38.6	38.42	38.33	38.92	39.92(4.23%)	UT	OpenLong	75	1.3	28	100	33	12	2.34	36%	-0.08	83.4	2.18%	0	1.5	62	INF
9	Aug_4_2016	39.77	37.93	38.48	38.15	38.05	37.92	38.3(0.84%)	N/A	N/A	0	0.1	4	-30	6	-1	1.23	28%	-0.1	65.7	2.12%	0	0.3	58	INF
10	Aug_3_2016	39.81	37.73	38.53	38.06	38.07	37.74	37.98(1.69%)	DP	OpenShort	-75	-0.1	-16	-60	-19	-7	1.09	28%	-0.1	52.8	2.17%	0	0.2	54	INF

11	Aug_2_2016	39.85	37.54	38.57	38.35	38.24	38.18	37.35(-3.14%)	CR	SmallShort	-20	-0.6	-11	-20	-19	13	1.54	28%	-0.1	53.5	2.17%	0	-0.1	57	INF
12	Aug_1_2016	39.89	37.39	38.66	38.74	38.61	38.4	38.56(-0.03%)	UD	OpenLong	65	-0.1	11	-50	-1	47	0.88	30%	-0.08	60.1	2.14%	0	0.7	71	INF
13	Jul_29_2016	39.92	37.21	38.62	38.8	38.73	38.3	38.57(1.9%)	UD	OpenLong	65	-0.1	4	-80	-15	62	1.07	30%	-0.05	57.5	2.15%	0	0.7	76	INF
14	Jul_28_2016	39.94	37.04	38.62	38.86	38.87	38.82	37.85(-3.98%)	UD	OpenLong	65	-0.5	11	-10	-14	84	2.8	30%	-0.08	45.6	2.15%	0	0.4	76	INF
15	Jul_27_2016	39.97	36.9	38.53	39.06	38.99	39.16	39.42(0.36%)	UT	HoldLong	65	0.2	44	30	13	136	1.46	32%	0	38.3	2.09%	0	1.3	96	INF

16	Jul_26_2016	39.97	36.62	38.29	38.83	38.85	38.93	39.28(1.03%)	UT	HoldLong	65	0.2	47	20	12	152	1.03	32%	-0.05	22.2	2.1%	0	1.4	96	INF
17	Jul_25_2016	39.99	36.34	38.02	38.58	38.65	38.82	38.88(-0.03%)	UD	OpenLong	75	0.2	47	40	8	163	0.86	32%	-0.07	4.6	2.09%	0	1.3	93	INF
18	Jul_22_2016	40.02	36.19	37.7	38.43	38.41	38.78	38.89(0.21%)	UT	HoldLong	65	0.3	56	70	18	169	1.09	32%	-0.02	-5.5	2.1%	0	1.5	76	INF
19	Jul_21_2016	40.03	36.21	37.33	38.14	38.14	38.47	38.81(1.33%)	UT	OpenLong	75	0.4	55	60	19	161	1.35	32%	-0.02	-6.3	2.1%	0	1.4	75	INF
20	Jul_20_2016	40.04	36.19	36.85	37.92	37.91	38.04	38.3(0.71%)	UT	OpenLong	75	0.2	47	20	14	147	1.08	36%	-0.02	-9.7	2.09%	0	1.1	75	INF

21	Jul_19_2016	40.05	36.2	36.42	37.66	37.77	37.81	38.03(-0.18%)	UD	OpenLong	75	0.2	44	20	12	138	1.16	36%	-0.02	-12.9	2.11%	0	0.9	79	INF
22	Jul_18_2016	40.06	36.25	36.01	37.36	37.48	37.78	38.1(1.65%)	UT	HoldLong	65	0.4	47	70	18	132	1.16	36%	0	-15.8	2.11%	0	0.9	80	INF
23	Jul_15_2016	40.06	36.28	35.68	36.86	37.17	37.73	37.48(-0.56%)	UD	OpenLong	75	0.3	53	130	34	109	1.54	36%	0.05	-24	2.11%	0	0.6	55	INF
24	Jul_14_2016	40.04	36.33	35.43	36.37	36.59	37.19	37.69(1.84%)	UT	OpenLong	75	0.6	47	130	44	55	1.64	36%	0.07	-34.5	2.11%	0	0.6	39	INF
25	Jul_13_2016	40.01	36.37	35.12	35.62	35.86	36.61	37.01(1.34%)	RB	SmallLong	20	0.6	29	170	42	-9	1.83	39%		-48.1	2.1%	0	0.3	42	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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