Trading Signals: MGA Stock Price Prediction and Forecast

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Fri. Dec. 9, 2016

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

(Magna International Inc.)
MGA latest price $46.9300 (1.08%) ($46.2100 - $47.1100) on Fri. Dec. 9, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.69% (three month average)
RSI   86
Latest Price   $46.9300(1.08%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 2.2% a day on average for past five trading days.
Weekly Trend   MGA advances 5.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support MGA advance at 0% a week (0% probability)
IWM(71%)    IWN(71%)    IWD(70%)    IVE(69%)    PEJ(69%)
Factors Impacting MGA price   MGA will decline at least -0.845% in a week (0% probabilities).
VIXM(-19%)    UUP(-18%)    TLT(-18%)    IGOV(-6%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.845% (StdDev 1.69%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $45.06(4.15%)
10 Day Moving Average   $43.31(8.36%)
20 Day Moving Average   $41.83(12.19%)
To recent high   0%
To recent low   23.4%
Market Cap   $155.62b

$. MGA price fluctuates within 5.52% (three month std-dev: 1.69%) daily (68% of days).

Sample size 23 Average positive next day return: 1.52%(48%) Average negative next day return: -2.04%(52%) Sample size 23 Average positive next three day return: 8.79%(57%) Average negative next three day return: -3.73%(43%) Sample size 23 Average positive next weekly return: 11.21%(48%) Average negative next weekly return: -3.28%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170109

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	Dec_9_2016	40.75	41.83	43.31	45.06	45.13	46.41	46.93(1.08%)	UT	HoldLong	65	0.8	109	200	73	215	0.92	60%	0.2	70.8	1.69%	0	2.2	86	INF
2	Dec_8_2016	40.67	41.4	42.71	44.09	44.09	45.43	46.43(1.04%)	UT	HoldLong	65	1.1	109	210	85	180	1.85	60%	0.2	65.5	1.73%	0	2.5	85	INF
3	Dec_7_2016	40.59	40.97	42.14	43.27	43.09	43.84	45.95(5.97%)	UT	HoldLong	65	1.5	92	110	74	147	2.83	60%	0.2	56.9	1.74%	0	2.8	85	INF
4	Dec_6_2016	40.51	40.64	41.62	42.17	42.31	42.76	43.36(1.74%)	UT	HoldLong	65	0.9	57	80	41	105	1.25	55%	0.15	50.9	1.58%	0	2	82	INF
5	Dec_5_2016	40.45	40.44	41.37	41.64	41.73	42.33	42.62(1.28%)	UT	HoldLong	65	0.8	51	110	35	98	1.38	53%	0.12	39.8	1.57%	0	1.8	84	INF

6	Dec_2_2016	40.4	40.25	41.16	41.28	41.26	41.85	42.08(-0.66%)	UD	OpenLong	75	0.7	49	100	33	97	1.66	56%	0.1	27.1	1.57%	0	1.6	81	INF
7	Dec_1_2016	40.36	40.1	40.99	41.11	41	41.13	42.36(4.72%)	UT	HoldLong	65	1.1	44	10	25	100	2.33	56%	0.15	18.4	1.59%	0	2.1	81	INF
8	Nov_30_2016	40.3	39.97	40.76	40.85	40.88	40.66	40.45(-0.54%)	UD	OpenLong	65	-0.4	14	-40	-14	99	1.48	51%	0.1	7.5	1.47%	0	0.5	79	INF
9	Nov_29_2016	40.26	39.95	40.68	40.98	41	40.88	40.67(-0.47%)	UD	OpenLong	65	-0.3	19	-20	-11	107	0.74	51%	0.12	10.1	1.47%	0	0.8	56	INF
10	Nov_28_2016	40.21	39.96	40.49	41.05	41.06	41.11	40.86(-0.87%)	UD	OpenLong	75	-0.2	30	10	3	109	0.86	51%	0.15	12.3	1.47%	0	0.9	59	INF

11	Nov_25_2016	40.15	39.94	40.28	41	40.99	41.12	41.22(0.41%)	UT	OpenLong	75	0.2	37	20	12	111	0.51	51%	0.32	12.9	1.46%	0	1.3	67	INF
12	Nov_23_2016	40.02	39.94	40.04	40.84	40.84	41.01	41.05(-0.17%)	UD	OpenLong	75	0.2	38	30	16	103	1.41	51%	0.2	9.2	1.46%	0	1.2	62	INF
13	Nov_22_2016	39.94	39.9	39.74	40.65	40.61	40.87	41.12(0.29%)	UT	OpenLong	75	0.5	38	40	24	78	1.87	51%	0.03	6.4	1.46%	0	1.3	56	INF
14	Nov_21_2016	39.93	39.86	39.59	40.32	40.29	40.68	41(0.96%)	UT	OpenLong	75	0.7	44	70	38	62	1.22	51%	0.15	-1.3	1.46%	0	1.2	53	INF
15	Nov_18_2016	39.87	39.84	39.44	39.83	39.82	40.35	40.61(0.45%)	UT	OpenLong	75	0.9	35	90	39	22	1.66	51%	0.13	-20.2	1.46%	0	0.9	45	INF

16	Nov_17_2016	39.82	39.84	39.26	39.44	39.36	39.89	40.43(0.82%)	RB	SmallLong	20	1.1	26	90	40	-18	1.4	51%	0.15	-41.5	1.46%	0	0.7	47	INF
17	Nov_16_2016	39.76	39.82	39.12	39.11	38.97	39.28	40.1(1.57%)	N/A	N/A	0	1.1	14	40	36	-53	1.6	51%	0.15	-59.4	1.46%	0	0.3	45	INF
18	Nov_15_2016	39.7	39.84	39.09	38.7	38.67	38.82	39.48(2.41%)	DP	OpenShort	-65	0.9	-18	20	10	-100	1.6	49%	0.15	-83	1.45%	0	-0.4	38	INF
19	Nov_14_2016	39.64	39.87	39.14	38.77	38.36	38.65	38.55(-0.18%)	DT	OpenShort	-75	-0.2	-35	20	-9	-111	2.05	45%	0.08	-88	1.42%	0	-1.4	38	INF
20	Nov_11_2016	39.61	40.02	39.38	38.99	38.61	38.53	38.62(-0.49%)	DT	HoldShort	-50	-0.4	-16	-40	9	-91	1.14	45%	-0.05	-84.6	1.43%	0	-1.4	36	INF

21	Nov_10_2016	39.63	40.19	39.58	39.04	38.86	38.07	38.81(2.02%)	DP	OpenShort	-75	-0.2	-45	-160	-27	-100	2.77	45%	0	-83.3	1.44%	0	-1.4	43	INF
22	Nov_9_2016	39.63	40.36	39.77	39.12	38.99	38.7	38.04(-4.52%)	DT	OpenShort	-75	-1	-72	-60	-59	-109	3.82	42%	-0.03	-80.4	1.42%	0	-2.2	36	INF
23	Nov_8_2016	39.64	40.59	40.09	39.51	39.56	39.64	39.84(0.5%)	DP	OpenShort	-65	0.3	-9	20	9	-61	1.57	48%	0	-78.1	1.31%	0	-0.7	44	INF
24	Nov_7_2016	39.64	40.74	40.16	39.58	39.64	39.29	39.64(1.98%)	DP	OpenShort	-75	0.1	-35	-60	-24	-67	1.17	48%	0	-74	1.31%	0	-1	48	INF
25	Nov_4_2016	39.64	40.88	40.29	39.86	39.9	39.48	38.87(-0.89%)	DT	OpenShort	-75	-0.9	-47	-70	-42	-62	1.64	52%		-69.3	1.39%	0	-1.9	32	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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