Trading Signals: MGA Stock Price Prediction and Forecast

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Wed. Apr. 17, 2019

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

(Magna International Inc.)
MGA latest price $55.8200 (1.47%) ($55.4200 - $56.1200) on Wed. Apr. 17, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.41% (three month average)
RSI   88
Latest Price   $55.8200(1.47%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGA advances 0.8% a day on average for past five trading days.
Weekly Trend   MGA advances 4.2% a week on average for past two weeks.
Market Behavior   Growth stock 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(76%)    IWM(74%)    IWN(74%)    PEJ(73%)    IWD(72%)
Factors Impacting MGA price   MGA will decline at least -0.705% in a week (0% probabilities).
UUP(-21%)    VXX(-18%)    TLT(-17%)    VIXM(-13%)    IGOV(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.705% (StdDev 1.41%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $54.45(2.52%)
10 Day Moving Average   $53.73(3.89%)
20 Day Moving Average   $51.47(8.45%)
To recent high   0%
To recent low   18%
Market Cap   $185.099b

$. MGA price fluctuates within 5.15% (three month std-dev: 1.41%) daily (68% of days).

Sample size 50 Average positive next day return: 2.49%(46%) Average negative next day return: -1.39%(54%) Sample size 50 Average positive next three day return: 3.25%(50%) Average negative next three day return: -3.26%(50%) Sample size 50 Average positive next weekly return: 3.26%(42%) Average negative next weekly return: -3.89%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20190517

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	Apr_17_2019	49.82	51.47	53.73	54.45	54.56	55.19	55.82(1.47%)	UT	HoldLong	65	0.5	93	90	56	203	1.3	62%	0.16	54.4	1.41%	0	1.6	88	1.8
2	Apr_16_2019	49.74	51.11	53.29	54.02	54.01	54.25	55.01(1.95%)	UT	HoldLong	65	0.4	75	30	31	205	0.95	61%	0.08	52.2	1.4%	0	1.6	88	2.1
3	Apr_15_2019	49.7	50.83	52.88	53.56	53.65	53.93	53.96(-0.31%)	UD	OpenLong	75	0.2	64	40	15	210	0.74	58%	0.08	50	1.38%	0	1.4	88	2.1
4	Apr_12_2019	49.66	50.58	52.53	53.43	53.4	53.77	54.13(1.52%)	UT	HoldLong	65	0.3	83	50	30	243	1.07	58%	0.1	48.5	1.37%	0	1.6	90	2.4
5	Apr_11_2019	49.61	50.31	52	53.11	53.1	53.37	53.32(-0.69%)	UD	OpenLong	75	0.1	79	40	24	242	0.92	56%	0.06	45.2	1.37%	0	1.5	87	1.6

6	Apr_10_2019	49.58	50.07	51.55	52.89	52.83	53.04	53.69(1.9%)	UT	OpenLong	75	0.4	81	20	28	240	0.74	56%	0.1	42.3	1.36%	0	1.9	75	1.3
7	Apr_9_2019	49.53	49.86	51	52.44	52.49	52.83	52.69(-1.22%)	UD	OpenLong	75	0.1	72	50	25	213	0.78	58%	0.06	36.4	1.37%	0	1.6	70	0.6
8	Apr_8_2019	49.5	49.71	50.51	52.08	52.17	52.62	53.34(1.6%)	UT	OpenLong	75	0.8	82	70	46	189	0.82	61%	0.06	26.5	1.4%	0	2.2	68	1.2
9	Apr_5_2019	49.47	49.54	49.9	51.49	51.59	52.15	52.5(0.48%)	UT	OpenLong	75	0.7	72	80	48	145	0.8	59%	0.06	12.3	1.43%	0	2.1	67	1.3
10	Apr_4_2019	49.44	49.39	49.39	50.73	50.98	51.73	52.25(1.59%)	UT	OpenLong	75	1.2	71	120	60	104	1.36	62%	0.04	-12.2	1.44%	0	2.3	68	1.2

11	Apr_3_2019	49.42	49.26	49.01	50	50.23	51.03	51.43(1.08%)	UT	OpenLong	75	1.2	64	130	61	71	0.96	56%	0.04	-40.8	1.47%	0	1.9	66	1
12	Apr_2_2019	49.4	49.23	48.74	49.33	49.46	50.24	50.88(0.99%)	UT	OpenLong	75	1.2	49	120	55	30	0.95	56%	0.04	-59.1	1.53%	0	1.3	53	1.2
13	Apr_1_2019	49.38	49.28	48.58	48.7	48.83	49.44	50.38(3.47%)	N/A	N/A	0	1.2	39	100	53	-2	0.99	56%	0.02	-68.4	1.52%	0	0.8	50	1.2
14	Mar_29_2019	49.37	49.36	48.44	48.09	48.26	48.68	48.69(0.19%)	N/A	N/A	0	0.4	11	70	31	-49	1.06	51%	-0.06	-76.1	1.46%	0	-0.4	35	1
15	Mar_28_2019	49.4	49.55	48.45	47.84	47.88	48.22	48.6(1%)	DP	OpenShort	-65	0.5	-8	50	15	-76	0.94	51%	-0.02	-80.2	1.47%	0	-0.6	39	0.7

16	Mar_27_2019	49.41	49.74	48.46	47.88	47.73	47.84	48.12(0.84%)	DP	OpenShort	-65	0.1	-20	10	3	-89	1.73	51%	-0.04	-74.9	1.5%	0	-0.9	35	0.2
17	Mar_26_2019	49.43	49.98	48.63	48.05	47.84	47.53	47.72(0.89%)	DP	OpenShort	-75	-0.2	-41	-60	-21	-101	1.56	56%	-0.02	-70.2	1.52%	0	-1.2	25	0.4
18	Mar_25_2019	49.44	50.25	48.86	48.44	48.21	47.62	47.3(-0.32%)	DT	HoldShort	-65	-0.6	-56	-100	-39	-105	1.78	56%	-0.06	-61.4	1.58%	0	-1.6	18	-0.9
19	Mar_22_2019	49.47	50.56	49.18	48.84	48.83	48.15	47.45(-2.81%)	DT	HoldShort	-65	-0.7	-49	-100	-32	-99	2.36	52%	-0.08	-51.6	1.62%	0	-1.6	17	-1
20	Mar_21_2019	49.51	50.91	49.45	49.12	49.13	48.79	48.82(-0.33%)	DT	HoldShort	-65	-0.2	-44	-50	-24	-104	1.61	56%	0	-44.5	1.59%	0	-1.2	20	1.4

21	Mar_20_2019	49.51	51.1	49.57	49.1	49.24	49.5	48.98(-1.35%)	DT	HoldShort	-65	-0.1	-33	50	-5	-117	1.07	56%	0	-42.2	1.59%	0	-1.2	20	1.3
22	Mar_19_2019	49.51	51.3	49.8	49.3	49.26	49.47	49.65(0.71%)	DP	OpenShort	-65	0.2	-19	30	13	-115	1.02	56%	0.02	-37	1.58%	0	-1	21	1.7
23	Mar_18_2019	49.5	51.41	50.04	49.37	49.32	48.98	49.3(0.92%)	DP	OpenShort	-75	-0	-43	-50	-14	-130	0.98	58%	0.02	-32.1	1.58%	0	-1.3	17	1.8
24	Mar_15_2019	49.49	51.56	50.35	49.6	49.63	49.04	48.85(0.23%)	DP	OpenShort	-75	-0.5	-57	-80	-31	-133	1.32	55%	0.02	-24.3	1.62%	0	-1.7	10	2.2
25	Mar_14_2019	49.48	51.71	50.72	49.83	49.98	49.65	48.74(-2.42%)	DT	HoldShort	-65	-0.8	-54	-40	-27	-134	1.16	55%		-20.5	1.64%	0	-2.1	7	2
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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