Trading Signals: MGA Stock Price Prediction and Forecast

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Thu. Oct. 27, 2016

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

(Magna International Inc.)
MGA latest price $40.7100 (-1.17%) ($40.3700 - $41.3100) on Thu. Oct. 27, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.51% (three month average)
RSI   38
Latest Price   $40.7100(-1.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.1% a day on average for past five trading days.
Weekly Trend   MGA declines -2% a week on average for past two weeks.
Market Behavior   Growth stock 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 -0.755% in a week (0% probabilities).
VIXM(-19%)    UUP(-18%)    TLT(-17%)    IGOV(-6%)    IPO(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.755% (StdDev 1.51%)
Hourly BBV 0 ()
Intraday Trend -1.4%

1 - 5 Day Possible Target   $36.12(-11.27%)
Resistance Level   $41.75
5 Day Moving Average   $40.72(-0.02%)
10 Day Moving Average   $40.84(-0.32%)
20 Day Moving Average   $41.75(-2.49%)
To recent high   -6.9%
To recent low   9%
Market Cap   $134.994b

$. MGA price fluctuates within 2.54% (three month std-dev: 1.51%) daily (68% of days).

Sample size 2 Average positive next day return: 2.18%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 6.57%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 6.45%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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_27_2016	39.61	41.75	40.84	40.72	40.75	40.86	40.71(-1.17%)	DP	OpenShort	-65	-0	-12	20	10	-77	1.14	48%	-0.03	-23.2	1.51%	0	-1	38	INF
2	Oct_26_2016	39.62	41.81	40.97	40.69	40.55	40.72	41.19(1.63%)	DP	OpenShort	-65	0.5	-17	20	7	-88	1.3	48%	0	-26	1.5%	0	-0.6	36	INF
3	Oct_25_2016	39.62	41.85	41.1	40.58	40.49	40.65	40.53(-0.98%)	DP	OpenShort	-65	-0	-16	20	13	-103	1.08	45%	-0.03	-24.8	1.49%	0	-1.3	26	INF
4	Oct_24_2016	39.63	41.9	41.33	40.5	40.43	40.38	40.93(1.66%)	DP	OpenShort	-75	0.4	-33	-10	-5	-115	0.96	45%	0.03	-24.2	1.49%	0	-1	38	INF
5	Oct_21_2016	39.62	41.92	41.48	40.63	40.53	40.34	40.26(-0.74%)	DT	OpenShort	-75	-0.4	-50	-40	-25	-123	1.38	42%	0	-14.3	1.47%	0	-1.7	32	INF

6	Oct_20_2016	39.62	42	41.69	40.98	40.96	40.48	40.56(-0.15%)	DT	OpenShort	-75	-0.5	-49	-80	-27	-113	1.43	42%	0	5.1	1.48%	0	-1.6	33	INF
7	Oct_19_2016	39.62	42.08	41.92	41.3	41.39	40.71	40.62(1.25%)	DP	OpenShort	-75	-0.8	-60	-110	-47	-97	1.06	42%	0	26.6	1.48%	0	-1.7	45	INF
8	Oct_18_2016	39.62	42.11	42.24	41.72	41.81	41.44	40.12(-3.49%)	DT	OpenShort	-75	-1.8	-50	-60	-47	-60	3.08	42%	0	47.2	1.47%	0	-2.2	42	INF
9	Oct_17_2016	39.62	42.14	42.52	42.26	42.23	42.07	41.57(-1.12%)	DT	OpenShort	-75	-0.7	-12	-30	-14	-5	0.88	47%	0.03	67.3	1.42%	0	-0.6	56	INF
10	Oct_14_2016	39.61	42.06	42.66	42.45	42.43	42.18	42.04(-0.21%)	N/A	N/A	0	-0.4	-1	-40	-9	22	1.13	47%	0.05	62.2	1.41%	0	-0	59	INF

11	Oct_13_2016	39.59	41.95	42.76	42.49	42.46	42.39	42.13(-1.38%)	N/A	N/A	0	-0.3	-5	-10	-18	34	1.21	47%	0.05	58.8	1.42%	0	0.2	57	INF
12	Oct_12_2016	39.57	41.85	42.74	42.65	42.55	42.69	42.72(-0.33%)	UT	HoldLong	50	0.1	9	20	-4	48	0.96	51%	0.08	53.1	1.42%	0	0.7	56	INF
13	Oct_11_2016	39.54	41.68	42.66	42.85	42.68	42.53	42.86(0.85%)	UT	OpenLong	75	0	19	-40	1	71	2.15	51%	0.1	47.4	1.44%	0	0.9	66	INF
14	Oct_10_2016	39.5	41.52	42.51	42.83	42.87	42.41	42.5(0.64%)	UD	OpenLong	65	-0.2	3	-70	-20	71	0.92	51%	0.08	41.2	1.45%	0	0.7	68	INF
15	Oct_7_2016	39.47	41.41	42.4	42.91	43	42.83	42.23(-1.61%)	UD	OpenLong	65	-0.5	5	-20	-23	88	1.13	56%	0.08	40.5	1.49%	0	0.6	69	INF

16	Oct_6_2016	39.44	41.29	42.35	43.05	43.13	43.32	42.92(-1.9%)	UD	OpenLong	75	-0.1	45	40	15	133	1.56	58%	0.08	43.1	1.47%	0	1.2	76	INF
17	Oct_5_2016	39.41	41.19	42.25	42.84	42.97	43.18	43.75(2.32%)	UT	HoldLong	65	0.7	60	40	29	151	0.93	56%	0.1	43.5	1.45%	0	2	80	INF
18	Oct_4_2016	39.37	41.06	41.96	42.45	42.59	42.93	42.76(-0.3%)	UD	OpenLong	75	0.3	52	70	22	141	1.04	53%	0.05	44.7	1.49%	0	1.5	80	INF
19	Oct_3_2016	39.35	40.98	41.71	42.14	42.24	42.77	42.89(-0.14%)	UD	OpenLong	75	0.7	63	90	37	141	1.22	53%	0.08	42.4	1.5%	0	1.8	79	INF
20	Sep_30_2016	39.32	40.88	41.4	41.82	41.78	42.24	42.95(2.68%)	UT	OpenLong	75	1.2	54	70	32	118	1.44	53%	0.08	42.1	1.5%	0	2.1	67	INF

21	Sep_29_2016	39.29	40.73	41.07	41.55	41.46	41.72	41.83(0%)	UT	HoldLong	50	0.3	34	40	13	98	1.55	54%	0.03	39.3	1.47%	0	1.3	65	INF
22	Sep_28_2016	39.28	40.65	40.88	41.59	41.42	41.32	41.83(1.48%)	UT	OpenLong	75	0.3	29	-30	9	88	1.23	54%	0	43.1	1.52%	0	1.4	53	INF
23	Sep_27_2016	39.28	40.57	40.62	41.39	41.47	41.21	41.22(-0.12%)	UD	OpenLong	65	-0.2	12	-40	-2	54	1.16	45%	0.03	36.4	1.51%	0	0.8	46	INF
24	Sep_26_2016	39.27	40.52	40.44	41.2	41.36	41.52	41.27(-0.75%)	UD	OpenLong	75	0.1	13	40	8	27	1.09	45%	0	31.6	1.76%	0	1	48	INF
25	Sep_23_2016	39.27	40.47	40.34	40.9	41.03	41.72	41.58(-1.07%)	UD	OpenLong	75	0.9	24	130	27	14	1.29	40%		20.5	2.15%	0	1.5	52	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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