Trading Signals: MGA Stock Price Prediction and Forecast

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Tue. Aug. 8, 2017

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

(Magna International Inc.)
MGA latest price $48.4700 (0.98%) ($47.6700 - $48.5800) on Tue. Aug. 8, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.37% (three month average)
RSI   49
Latest Price   $48.4700(0.98%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.8% a day on average for past five trading days.
Weekly Trend   MGA declines -0.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock 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 -0.685% in a week (0% probabilities).
UUP(-19%)    VIXM(-18%)    TLT(-18%)    IPO(-7%)    IGOV(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.685% (StdDev 1.37%)
Hourly BBV 0 ()
Intraday Trend 1.7%

5 Day Moving Average   $47.69(1.64%)
10 Day Moving Average   $47.7(1.61%)
20 Day Moving Average   $47.82(1.36%)
To recent high   -0.7%
To recent low   14.2%
Market Cap   $160.727b

$. MGA price fluctuates within 1.05% (three month std-dev: 1.37%) daily (68% of days).

Sample size 10 Average positive next day return: 0.45%(50%) Average negative next day return: -1.15%(50%) Sample size 10 Average positive next three day return: 2.59%(30%) Average negative next three day return: -1.25%(70%) Sample size 10 Average positive next weekly return: 2.99%(20%) Average negative next weekly return: -1.91%(80%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170908

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_8_2017	44.49	47.82	47.7	47.69	47.62	47.97	48.47(0.98%)	N/A	N/A	0	1.6	24	50	32	-2	1.69	59%	0.11	51.4	1.37%	0	1.3	49	INF
2	Aug_7_2017	44.44	47.78	47.64	47.31	47.33	47.6	48(0.67%)	N/A	N/A	0	1.4	8	40	18	-24	1.2	59%	0.09	41.1	1.37%	0	0.4	53	INF
3	Aug_4_2017	44.4	47.72	47.59	47.25	47.15	47.27	47.68(1.45%)	DP	OpenShort	-65	0.7	-5	10	5	-35	1.14	59%	0.07	35.4	1.37%	0	-0.1	51	INF
4	Aug_3_2017	44.37	47.65	47.58	47.26	47.25	47.07	47(-0.66%)	DT	OpenShort	-75	-0.4	-18	-30	-9	-46	1.48	58%	0.07	34.9	1.36%	0	-0.9	42	INF
5	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	INF

6	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	INF
7	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	INF
8	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	INF
9	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	INF
10	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	INF

11	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	INF
12	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	INF
13	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	INF
14	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	INF
15	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	INF

16	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	INF
17	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	INF
18	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	INF
19	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	INF
20	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	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		11.8	1.36%	0	1.2	55	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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