Trading Signals: MGA Stock Price Prediction and Forecast

^ MGA: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Aug. 2, 2017

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

(Magna International Inc.)
MGA latest price $47.3100 (1.57%) ($46.4700 - $47.4200) on Wed. Aug. 2, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.36% (three month average)
RSI   46
Latest Price   $47.3100(1.57%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA declines -0.4% a day on average for past five trading days.
Weekly Trend   MGA declines -0.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MGA advance at 0% a week (0% probability)
PAVE(73%)    IWM(71%)    IWN(71%)    IWD(70%)    PEJ(70%)
Factors Impacting MGA price   MGA will decline at least -0.68% in a week (0% probabilities).
UUP(-19%)    VIXM(-18%)    TLT(-18%)    IPO(-7%)    IGOV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.68% (StdDev 1.36%)
Hourly BBV 0 ()
Intraday Trend 1.6%

Resistance Level   $47.61
5 Day Moving Average   $47.51(-0.42%)
10 Day Moving Average   $47.75(-0.92%)
20 Day Moving Average   $47.61(-0.63%)
To recent high   -3.1%
To recent low   13.9%
Market Cap   $156.88b

$. MGA price fluctuates within 1.6% (three month std-dev: 1.36%) daily (68% of days).

Sample size 5 Average positive next day return: 1.01%(80%) Average negative next day return: -0.51%(20%) Sample size 5 Average positive next three day return: 1.39%(60%) Average negative next three day return: -0.08%(40%) Sample size 5 Average positive next weekly return: 3%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170902

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_2_2017	44.34	47.61	47.75	47.51	47.39	47.03	47.31(1.57%)	DP	OpenShort	-75	-0.3	-30	-60	-28	-35	1.74	58%	0.09	43.8	1.36%	0	-0.4	46	0
2	Aug_1_2017	44.3	47.61	47.86	47.71	47.73	47.43	46.58(-2.33%)	DT	OpenShort	-75	-1.4	-25	-40	-27	-20	2.42	56%	0.07	59.8	1.36%	0	-1.3	40	0
3	Jul_31_2017	44.27	47.57	47.86	48	48	47.75	47.69(-0.1%)	CR	SmallShort	-20	-0.4	-7	-40	-10	3	0.71	60%	0.11	72.6	1.33%	0	0.1	53	0
4	Jul_28_2017	44.22	47.5	47.99	47.95	48.04	48.02	47.74(-1%)	N/A	N/A	0	-0.3	-3	0	-7	8	0.85	60%	0.14	75.1	1.33%	0	0.3	60	0
5	Jul_27_2017	44.16	47.41	48.03	47.93	48	48.24	48.22(-0.25%)	UD	OpenLong	75	0.3	13	40	7	31	0.97	60%	0.11	71.6	1.32%	0	0.9	70	0

6	Jul_26_2017	44.11	47.28	48.01	47.93	47.86	48.05	48.34(0.67%)	UT	OpenLong	75	0.3	20	20	8	55	1.35	57%	0.14	78	1.33%	0	1.1	72	0
7	Jul_25_2017	44.05	47.11	47.96	48.05	47.98	47.76	48.02(1.2%)	UT	OpenLong	75	-0	21	-40	5	69	1.27	57%	0.11	72.1	1.35%	0	0.8	67	0
8	Jul_24_2017	44	46.99	47.92	47.98	48.02	47.67	47.45(-0.34%)	N/A	N/A	0	-0.5	-1	-50	-23	67	1.01	59%	0.09	75.4	1.34%	0	0.4	63	0
9	Jul_21_2017	43.96	46.88	47.87	48.03	48.09	48.2	47.61(-2.46%)	UD	OpenLong	65	-0.4	12	20	-11	80	1.53	59%	0.11	79.4	1.35%	0	0.6	64	0
10	Jul_20_2017	43.91	46.76	47.74	48.13	48.13	48.38	48.81(0.89%)	UT	HoldLong	65	0.6	45	40	24	108	0.89	65%	0.11	78.4	1.32%	0	1.7	83	0

11	Jul_19_2017	43.86	46.54	47.46	47.96	47.97	47.98	48.38(1.51%)	UT	HoldLong	65	0.4	29	0	7	95	1.15	65%	0.14	73	1.35%	0	1.5	81	0
12	Jul_18_2017	43.8	46.34	47.25	47.87	47.97	47.89	47.66(-0.04%)	UD	OpenLong	65	-0.2	24	-0	-2	103	1.29	64%	0.09	66.3	1.35%	0	1.1	83	0
13	Jul_17_2017	43.76	46.19	47.11	47.84	47.95	47.97	47.68(-0.93%)	UD	OpenLong	75	-0.1	33	10	7	112	1.17	64%	0.11	60.4	1.36%	0	1.2	67	0
14	Jul_14_2017	43.71	45.98	46.98	47.68	47.78	48.01	48.13(0.33%)	UT	OpenLong	75	0.4	48	40	23	124	1.31	64%	0.07	46.7	1.35%	0	1.7	74	0
15	Jul_13_2017	43.68	45.83	46.73	47.28	47.43	47.94	47.97(0.1%)	UT	OpenLong	75	0.6	56	80	37	114	1.44	64%	0.05	40.8	1.37%	0	1.8	74	0

16	Jul_12_2017	43.66	45.68	46.49	46.88	46.95	47.56	47.92(0.84%)	UT	HoldLong	65	1	60	100	44	108	1.57	64%	0.05	31.5	1.38%	0	2.1	77	0
17	Jul_11_2017	43.64	45.57	46.17	46.54	46.49	46.91	47.52(1.41%)	UT	OpenLong	75	1.1	48	60	34	90	1.68	64%	0.09	27	1.38%	0	2.1	75	0
18	Jul_10_2017	43.6	45.47	45.98	46.29	46.25	46.34	46.86(1.63%)	UT	OpenLong	75	0.7	30	10	13	81	1.85	62%	0.05	21.3	1.37%	0	1.7	72	0
19	Jul_7_2017	43.58	45.4	45.8	46.19	46.27	46.07	46.11(0.3%)	UT	HoldLong	65	-0.1	23	-30	1	88	1.54	61%	0.02	14.1	1.36%	0	1	76	0
20	Jul_6_2017	43.57	45.36	45.69	46.09	46.26	46.15	45.97(-0.54%)	UD	OpenLong	65	-0.2	14	-10	-8	79	0.86	61%	0.02	6.9	1.36%	0	0.8	55	0

21	Jul_5_2017	43.56	45.35	45.55	46.03	46.17	46.46	46.22(-0.19%)	UD	OpenLong	75	0.3	33	50	17	80	1.52	57%	-0.02	11.8	1.36%	0	1.2	55	0
22	Jul_3_2017	43.57	45.32	45.38	45.73	45.97	46.37	46.31(-0.04%)	UD	OpenLong	75	0.8	36	80	30	54	0.55	49%	0.05	5.1	1.44%	0	1.4	50	0
23	Jun_30_2017	43.55	45.3	45.19	45.61	45.55	45.87	46.33(1.51%)	UT	OpenLong	75	1	23	50	20	33	1.76	49%	0.09	7	1.48%	0	1.5	52	0
24	Jun_29_2017	43.51	45.29	44.91	45.36	45.41	45.57	45.64(-0.07%)	UD	OpenLong	75	0.4	15	30	19	4	1.81	48%	0.07	7.9	1.47%	0	0.5	51	0
25	Jun_28_2017	43.48	45.31	44.85	45.23	45.25	45.23	45.67(2.19%)	N/A	N/A	0	0.6	6	-0	10	-8	1.97	48%		10.4	1.47%	0	0.5	51	0
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

Click to see actual return for next trading day.