Trading Signals: MGA Stock Price Prediction and Forecast

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Mon. Mar. 13, 2017

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

(Magna International Inc.)
MGA latest price $43.2100 (1.17%) ($42.7000 - $43.3500) on Mon. Mar. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.42% (three month average)
RSI   33
Latest Price   $43.2100(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 -2.1% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MGA advance at 0% a week (0% probability)
IWM(71%)    IWN(71%)    IWD(70%)    EWG(69%)    IVE(69%)
Factors Impacting MGA price   MGA will decline at least -0.71% in a week (0% probabilities).
VIXM(-19%)    UUP(-18%)    TLT(-18%)    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   -0.71% (StdDev 1.42%)
Hourly BBV 0 ()
Intraday Trend 0.9%

Resistance Level   $43.86
5 Day Moving Average   $42.72(1.15%)
10 Day Moving Average   $42.94(0.63%)
20 Day Moving Average   $43.86(-1.48%)
To recent high   -6.2%
To recent low   2.7%
Market Cap   $143.284b

$. MGA price fluctuates within 2.64% (three month std-dev: 1.42%) daily (68% of days).

Sample size 4 Average positive next day return: 1.49%(50%) Average negative next day return: -1.82%(50%) Sample size 4 Average positive next three day return: 0%(0%) Average negative next three day return: -4.48%(100%) Sample size 4 Average positive next weekly return: 1.43%(50%) Average negative next weekly return: -5.89%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170413

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	Mar_13_2017	42.93	43.86	42.94	42.72	42.72	42.87	43.21(1.17%)	DP	OpenShort	-65	0.4	-11	20	13	-83	1.04	43%	0.07	-17.4	1.42%	0	-0.6	33	INF
2	Mar_10_2017	42.9	43.92	42.98	42.66	42.68	42.59	42.71(1.02%)	DP	OpenShort	-75	0	-32	-10	-5	-111	0.93	43%	0.07	-16	1.41%	0	-1.1	30	INF
3	Mar_9_2017	42.87	43.96	43.02	42.8	42.73	42.57	42.28(-0.96%)	DT	OpenShort	-75	-0.5	-45	-30	-17	-128	0.69	43%	0.02	-12.5	1.42%	0	-1.5	31	INF
4	Mar_8_2017	42.86	44	43.29	42.98	42.93	42.77	42.69(-0.09%)	DT	OpenShort	-75	-0.3	-40	-30	-13	-119	0.83	43%	0.07	-11.2	1.42%	0	-1.2	32	INF
5	Mar_7_2017	42.83	44.03	43.57	43.14	43.09	42.9	42.73(-0.33%)	DT	OpenShort	-75	-0.4	-35	-30	-11	-107	1.08	52%	0.02	-8.6	1.43%	0	-1.2	32	INF

6	Mar_6_2017	42.82	44.06	43.85	43.17	43.26	43.08	42.87(-1.24%)	DT	OpenShort	-75	-0.3	-31	-20	-12	-89	0.8	54%	0.02	-7.5	1.63%	0	-1.1	39	INF
7	Mar_3_2017	42.81	44.11	44.11	43.34	43.35	43.27	43.41(0.49%)	DP	OpenShort	-75	0.1	-22	-10	-5	-72	0.83	54%	0.02	0.9	1.63%	0	-0.7	44	INF
8	Mar_2_2017	42.8	44.1	44.29	43.27	43.44	43.44	43.2(-0.69%)	DT	OpenShort	-75	-0.1	-23	10	-10	-63	1.08	54%	0.02	-1.7	1.64%	0	-0.9	54	INF
9	Mar_1_2017	42.79	44.1	44.49	43.66	43.4	43.42	43.5(1.49%)	DP	OpenShort	-75	-0.2	-24	-10	-21	-33	1.29	59%	0.02	6.4	1.64%	0	-0.6	59	INF
10	Feb_28_2017	42.78	44.12	44.67	44.1	43.88	43.43	42.86(-2.03%)	CR	SmallShort	-20	-1.2	-17	-90	-23	2	1.28	59%	0	19.1	1.71%	0	-1.2	53	INF

11	Feb_27_2017	42.78	44.14	44.88	44.65	44.46	43.37	43.75(1.63%)	N/A	N/A	0	-0.9	-28	-180	-47	28	2.31	62%	0.02	39.1	1.7%	0	-0.4	57	INF
12	Feb_24_2017	42.77	44.1	44.96	45	44.99	44.33	43.05(-4.65%)	N/A	N/A	0	-1.8	-30	-100	-56	48	4.55	62%	0.02	47.3	1.69%	0	-1	49	INF
13	Feb_23_2017	42.76	44.12	45.02	45.42	45.51	45.55	45.15(-1.16%)	UD	OpenLong	65	-0.3	23	10	-2	97	1.23	69%	0.02	61.7	1.59%	0	1	71	INF
14	Feb_22_2017	42.75	44.05	44.79	45.43	45.44	45.64	45.68(0.18%)	UT	OpenLong	75	0.2	33	30	10	100	1.07	69%	0.07	71.2	1.58%	0	1.6	71	INF
15	Feb_21_2017	42.72	43.92	44.53	45.34	45.35	45.47	45.6(0.22%)	UT	OpenLong	75	0.3	37	20	16	98	1.17	69%	0.07	70.4	1.58%	0	1.7	71	INF

16	Feb_17_2017	42.69	43.74	44.29	45.15	45.16	45.24	45.5(0.78%)	UT	OpenLong	75	0.4	30	10	10	91	0.94	69%	0.07	53.2	1.57%	0	1.8	72	INF
17	Feb_16_2017	42.66	43.6	44.09	44.94	45	45.22	45.15(-0.18%)	UD	OpenLong	75	0.2	40	40	22	94	1.09	70%	0.09	38.8	1.57%	0	1.7	73	INF
18	Feb_15_2017	42.62	43.46	43.88	44.55	44.67	45.09	45.23(0.04%)	UT	OpenLong	75	0.8	46	70	35	80	0.88	72%	0.09	12.4	1.58%	0	2.1	67	INF
19	Feb_14_2017	42.58	43.33	43.69	44.04	44.13	44.78	45.21(1.19%)	UT	OpenLong	75	1.6	42	110	39	52	1	72%	0.09	-21.6	1.6%	0	2.5	56	INF
20	Feb_13_2017	42.54	43.24	43.48	43.6	43.59	44.25	44.68(0.61%)	UT	OpenLong	75	1.7	39	110	40	34	1.54	72%	0.07	-49	1.6%	0	2.3	61	INF

21	Feb_10_2017	42.51	43.23	43.31	43.31	43.21	43.47	44.41(2.8%)	UT	OpenLong	75	1.7	23	40	24	21	1.09	73%	0.07	-62.2	1.6%	0	1.8	66	INF
22	Feb_9_2017	42.48	43.25	43.31	43.14	43.07	42.93	43.2(1.19%)	N/A	N/A	0	0.1	-1	-30	-2	4	1.22	65%	0.05	-64	1.58%	0	-0.1	55	INF
23	Feb_8_2017	42.46	43.36	43.13	43.11	43.19	42.95	42.69(-0.81%)	CR	SmallShort	-20	-0.5	-10	-30	-14	2	0.91	65%	0.07	-51.7	1.68%	0	-0.8	52	INF
24	Feb_7_2017	42.43	43.49	43.26	43.27	43.31	43.2	43.04(-0.37%)	N/A	N/A	0	-0.2	-2	-20	-10	22	1.02	66%	0.07	-38.5	1.68%	0	-0.5	54	INF
25	Feb_6_2017	42.4	43.55	43.27	43.32	43.38	43.43	43.2(-0.87%)	UD	OpenLong	75	-0.1	8	10	2	24	0.76	66%		-33.2	1.7%	0	-0.4	46	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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