(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 2024-05-17 View latest technical analysis
10 day averaged volume of Magna International is 3181517
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 47.49 | 48.00 | 48.00 | 47.01 | 0.461 times |
| 16 Thu May 2024 | 47.94 | 47.61 | 47.99 | 47.17 | 2.199 times |
| 15 Wed May 2024 | 48.11 | 48.07 | 48.18 | 47.50 | 2.367 times |
| 14 Tue May 2024 | 47.55 | 47.08 | 47.58 | 46.90 | 0.365 times |
| 13 Mon May 2024 | 46.97 | 47.23 | 47.49 | 46.72 | 0.542 times |
| 10 Fri May 2024 | 46.92 | 46.78 | 47.04 | 46.44 | 0.879 times |
| 09 Thu May 2024 | 46.40 | 47.01 | 47.36 | 46.38 | 0.789 times |
| 08 Wed May 2024 | 47.08 | 46.04 | 47.21 | 45.75 | 0.315 times |
| 07 Tue May 2024 | 46.60 | 46.76 | 46.90 | 46.34 | 0.519 times |
| 06 Mon May 2024 | 46.58 | 47.26 | 47.70 | 45.99 | 0.771 times |
My analysis of stock is bearish for shortterm, and stock might move down till 46.8 or till 45.6. Use a stoploss of 47.88 and if the stock hits stoploss, then it can shoot up till 48.92
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 45.75 |
| Upside Target | 49.78 |
| Upside Target | 50.18 |
| Upside Target | 50.36 |
| Upside Target | 51.90 |
| Upside Target | 52.91 |
| Upside Target | 53.01 |
| Upside Target | 54.36 |
| Upside Target | 56.12 |
| Upside Target | 59.37 |
| Upside Target | 59.53 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 46.75 |
| Downside Intraday Target | 46 |
| Upside Intraday Target | 48.21 |
| Upside Intraday Target | 48.92 |
| Downside Intraday Target | 47.46 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 47.49 | 47.23 | 48.18 | 46.72 | 1.813 times |
| 10 Fri May 2024 | 46.92 | 47.26 | 47.70 | 45.75 | 0.835 times |
| 03 Fri May 2024 | 46.70 | 49.41 | 49.78 | 46.11 | 1.116 times |
| 26 Fri Apr 2024 | 49.12 | 48.77 | 50.18 | 48.01 | 1.528 times |
| 19 Fri Apr 2024 | 48.34 | 50.08 | 50.36 | 47.42 | 1.553 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Magna International (MGA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 47.49 | 47.69 | 48.64 | 45.75 | 1.1 times |
| 30 Tue Apr 2024 | 47.80 | 54.05 | 54.36 | 47.42 | 1.472 times |
| 28 Thu Mar 2024 | 54.48 | 55.33 | 56.12 | 51.90 | 0.707 times |
| 29 Thu Feb 2024 | 55.12 | 57.35 | 59.37 | 53.01 | 1.522 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Magna International ( (MGA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magna International stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but selling is losing 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 47.44 and Magna International (MGA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Magna International ( (MGA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magna International stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but selling is losing 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 47.44 and Magna International (MGA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.