Trading Signals: MGA Stock Price Prediction and Forecast

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Thu. Jan. 18, 2018

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

(Magna International Inc.)
MGA latest price $59.4700 (-0.34%) ($58.9800 - $59.9900) on Thu. Jan. 18, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.19% (three month average)
RSI   61
Latest Price   $59.4700(-0.34%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.9% a day on average for past five trading days.
Weekly Trend   MGA advances 1.6% a week on average for past two weeks.
Market Behavior   Value stocks 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)
PAVE(74%)    IWM(72%)    IWN(72%)    EWG(70%)    IWD(70%)
Factors Impacting MGA price   MGA will decline at least -0.595% in a week (0% probabilities).
UUP(-20%)    VIXM(-18%)    TLT(-18%)    IGOV(-6%)    VXX(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.595% (StdDev 1.19%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $58.92(0.93%)
10 Day Moving Average   $58.76(1.21%)
20 Day Moving Average   $58.02(2.5%)
To recent high   -0.3%
To recent low   12.6%
Market Cap   $197.203b

$. MGA price fluctuates within 1.83% (three month std-dev: 1.19%) daily (68% of days).

Sample size 35 Average positive next day return: 0.96%(57%) Average negative next day return: -0.59%(43%) Sample size 35 Average positive next three day return: 1.85%(66%) Average negative next three day return: -1.45%(34%) Sample size 35 Average positive next weekly return: 1.62%(63%) Average negative next weekly return: -1.51%(37%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180218

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	Jan_18_2018	54.53	58.02	58.76	58.92	58.98	59.18	59.47(-0.34%)	UD	OpenLong	75	0.5	63	30	51	100	1.24	64%	0.26	67.8	1.19%	0	1.4	61	-INF
2	Jan_17_2018	54.39	57.9	58.53	58.4	58.45	58.65	59.67(2.81%)	UT	OpenLong	75	1.3	17	30	4	55	2.19	64%	0.26	62.1	1.24%	0	1.8	61	INF
3	Jan_16_2018	54.25	57.71	58.28	58.31	58.18	58.78	58.04(-2.68%)	UD	OpenLong	75	-0.3	21	70	10	55	2.05	56%	0.33	64	1.19%	0	0.4	54	INF
4	Jan_12_2018	54.07	57.58	58.16	58.53	58.41	58.26	59.64(3.25%)	UT	OpenLong	75	1.1	37	-20	28	65	1.84	60%	0.22	64.9	1.2%	0	2.1	58	INF
5	Jan_11_2018	53.95	57.39	57.91	58.51	58.43	57.59	57.76(1.56%)	N/A	N/A	0	-0.7	-34	-100	-56	32	1.72	56%	0.2	67.4	1.14%	0	0.4	52	INF

6	Jan_10_2018	53.84	57.31	57.84	58.57	58.43	58.57	56.87(-3.97%)	N/A	N/A	0	-1.6	-14	-20	-33	45	2.2	57%	0.19	69.7	1.13%	0	-0.4	50	INF
7	Jan_9_2018	53.74	57.28	57.89	58.63	58.85	59.28	59.22(0.12%)	UT	OpenLong	75	0.5	49	60	37	85	1.25	66%	0.24	72.9	1.04%	0	1.8	69	INF
8	Jan_8_2018	53.61	57.12	57.69	58.22	58.27	59.13	59.15(-0.66%)	UD	OpenLong	75	0.9	73	110	68	88	0.92	66%	0.24	66.1	1.04%	0	2	74	INF
9	Jan_5_2018	53.48	56.94	57.54	57.72	57.69	58.42	59.54(2.5%)	UT	HoldLong	65	1.9	82	90	79	89	1.47	66%	0.26	56.4	1.04%	0	2.8	81	INF
10	Jan_4_2018	53.34	56.71	57.31	57.25	57.18	57.41	58.09(1.64%)	UT	OpenLong	75	1.1	42	20	35	63	0.88	62%	0.21	52.2	1%	0	1.8	69	INF

11	Jan_3_2018	53.23	56.57	57.21	57.25	57	56.97	57.15(-0.02%)	UT	HoldLong	50	0.2	11	-10	-1	47	0.88	59%	0.21	45.7	0.98%	0	0.7	59	INF
12	Jan_2_2018	53.12	56.49	57.2	57.03	57.05	56.95	57.16(0.86%)	UT	HoldLong	50	0.2	7	-10	-9	55	0.57	59%	0.36	51.7	0.98%	0	0.8	61	INF
13	Dec_29_2017	52.93	56.45	57.09	57.08	57.14	57.04	56.67(-0.89%)	N/A	N/A	0	-0.5	-0	-10	-18	53	0.56	59%	0.19	66.4	0.98%	0	0.3	56	INF
14	Dec_28_2017	52.83	56.42	56.97	57.31	57.27	57.15	57.18(0.3%)	UD	OpenLong	65	-0.2	8	-20	-12	69	0.54	59%	0.17	86.1	0.97%	0	0.9	65	INF
15	Dec_27_2017	52.74	56.32	56.85	57.37	57.44	57.25	57.01(-0.24%)	UD	OpenLong	65	-0.4	13	-20	-10	82	0.66	59%	0.17	92.5	0.98%	0	0.8	69	INF

16	Dec_26_2017	52.65	56.22	56.77	57.41	57.44	57.39	57.15(-0.38%)	UD	OpenLong	65	-0.3	15	-10	-11	94	0.26	59%	0.27	96.7	0.98%	0	1.1	65	INF
17	Dec_22_2017	52.51	56.07	56.66	57.37	57.5	57.63	57.37(-0.8%)	UD	OpenLong	75	0	41	20	17	113	0.44	59%	0.19	86	0.97%	0	1.3	66	INF
18	Dec_21_2017	52.41	55.92	56.53	57.09	57.31	57.61	57.83(0.59%)	UT	OpenLong	75	0.8	62	50	47	108	0.73	59%	0.21	85.5	0.96%	0	2	59	INF
19	Dec_20_2017	52.3	55.73	56.31	56.58	56.81	57.36	57.49(0.52%)	UT	OpenLong	75	1	53	80	46	73	0.75	59%	0.21	79.6	0.97%	0	1.9	60	INF
20	Dec_19_2017	52.19	55.56	56.06	56.25	56.33	57	57.19(0.35%)	UT	OpenLong	75	1.1	54	90	54	55	1.37	59%	0.19	82.3	0.97%	0	1.9	64	INF

21	Dec_18_2017	52.09	55.4	55.87	56.05	56.03	56.27	56.99(1.84%)	UT	OpenLong	75	1.1	43	30	43	43	0.71	59%	0.17	83.7	0.97%	0	1.9	65	INF
22	Dec_15_2017	52	55.23	55.71	55.86	55.89	55.65	55.96(1.23%)	N/A	N/A	0	0.1	-3	-30	-12	24	0.95	59%	0.15	81.2	0.95%	0	0.9	66	INF
23	Dec_14_2017	51.92	55.1	55.74	55.9	55.98	55.8	55.28(-0.97%)	N/A	N/A	0	-0.7	-6	-20	-23	45	1.23	63%	0.14	79	0.96%	0	0.2	61	INF
24	Dec_13_2017	51.85	55	55.81	55.97	56.1	56.12	55.82(-0.64%)	UD	OpenLong	75	-0.1	25	10	8	76	0.61	66%	0.15	73	1.05%	0	0.8	67	INF
25	Dec_12_2017	51.77	54.85	55.76	55.81	55.92	56.17	56.18(0.25%)	UT	OpenLong	75	0.3	32	40	16	80	0.56	66%		57.7	1.05%	0	1.2	68	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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