(MGA) Magna International complete technical analysis [charts+indicators] | Buy/Sell Magna International | (MGA) share price targets
Complete technical analysis of Magna International (MGA) by charts plus indicators, forecast predictions and share price targets for Magna International (MGA)
Magna International trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-03-25 View latest technical analysis
10 day averaged volume of Magna International is 1035020
Date | Daily Closing Price | Open | High | Low | Volume |
25 Mon Mar 2024 | 53.58 | 54.01 | 54.98 | 53.31 | 2.057 times |
22 Fri Mar 2024 | 54.82 | 55.74 | 56.02 | 54.70 | 0.678 times |
21 Thu Mar 2024 | 55.86 | 55.06 | 56.12 | 54.89 | 1.468 times |
20 Wed Mar 2024 | 54.95 | 52.58 | 55.05 | 52.58 | 1.007 times |
19 Tue Mar 2024 | 52.64 | 52.41 | 53.01 | 52.38 | 0.931 times |
18 Mon Mar 2024 | 52.51 | 52.84 | 53.01 | 52.31 | 0.981 times |
15 Fri Mar 2024 | 52.52 | 52.03 | 52.98 | 52.03 | 0.978 times |
14 Thu Mar 2024 | 52.05 | 53.80 | 53.87 | 51.90 | 1.147 times |
13 Wed Mar 2024 | 53.91 | 53.46 | 54.25 | 53.37 | 0.771 times |
12 Tue Mar 2024 | 53.60 | 54.18 | 54.33 | 53.47 | 0.979 times |
Stock of Magna International (MGA) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 53.1 or till 51.9. Use a stoploss of 54.05 and if the stock hits stoploss, then it can shoot up till 55.02
Share price targets for Magna International (MGA)
Target Type | Value |
Downside Target | 46.71 |
Downside Target | 51.90 |
Upside Target | 54.98 |
Upside Target | 55.50 |
Upside Target | 55.52 |
Upside Target | 56.12 |
Upside Target | 56.44 |
Upside Target | 59.37 |
Upside Target | 59.53 |
Upside Target | 60.32 |
Intraday share price targets for Magna International (MGA)
Target Type | Value |
Downside Intraday Target | 52.93 |
Downside Intraday Target | 52.29 |
Upside Intraday Target | 54.6 |
Upside Intraday Target | 55.63 |
Upside Intraday Target | 53.96 |
Weekly technical analysis of Magna International (MGA)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Mon Mar 2024 | 53.58 | 54.01 | 54.98 | 53.31 | 0.406 times |
22 Fri Mar 2024 | 54.82 | 52.84 | 56.12 | 52.31 | 1.026 times |
15 Fri Mar 2024 | 52.52 | 53.88 | 54.46 | 51.90 | 0.933 times |
08 Fri Mar 2024 | 54.50 | 54.07 | 55.52 | 53.70 | 0.824 times |
01 Fri Mar 2024 | 54.05 | 54.10 | 55.50 | 53.01 | 0.653 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Magna International (MGA)
Date | Monthly Closing Price | Open | High | Low | Volume |
25 Mon Mar 2024 | 53.58 | 55.33 | 56.12 | 51.90 | 0.579 times |
29 Thu Feb 2024 | 55.12 | 57.35 | 59.37 | 53.01 | 1.522 times |
31 Wed Jan 2024 | 56.85 | 58.50 | 59.53 | 52.91 | 1.185 times |
29 Fri Dec 2023 | 59.08 | 54.09 | 60.32 | 52.61 | 0.596 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Magna International (MGA)
Price action analysis of Magna International ( (MGA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magna International ( (MGA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magna International ( (MGA) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna International ( (MGA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magna International stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
Magna International Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna International in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magna International is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.68 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Magna International (MGA) stock. Volume based technical analysis of Magna International (MGA) stock is negative.
Magna International Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Magna International ( (MGA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magna International ( (MGA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magna International ( (MGA) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna International ( (MGA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magna International stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
Magna International Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna International in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magna International is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.68 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Magna International (MGA) stock. Volume based technical analysis of Magna International (MGA) stock is negative.
Magna International Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.