(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 2024-05-20 View latest technical analysis
10 day averaged volume of Magna International is 2929253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 47.05 | 47.50 | 47.63 | 46.77 | 0.332 times |
| 17 Fri May 2024 | 47.49 | 48.00 | 48.00 | 47.01 | 0.5 times |
| 16 Thu May 2024 | 47.94 | 47.61 | 47.99 | 47.17 | 2.389 times |
| 15 Wed May 2024 | 48.11 | 48.07 | 48.18 | 47.50 | 2.571 times |
| 14 Tue May 2024 | 47.55 | 47.08 | 47.58 | 46.90 | 0.396 times |
| 13 Mon May 2024 | 46.97 | 47.23 | 47.49 | 46.72 | 0.589 times |
| 10 Fri May 2024 | 46.92 | 46.78 | 47.04 | 46.44 | 0.955 times |
| 09 Thu May 2024 | 46.40 | 47.01 | 47.36 | 46.38 | 0.857 times |
| 08 Wed May 2024 | 47.08 | 46.04 | 47.21 | 45.75 | 0.343 times |
| 07 Tue May 2024 | 46.60 | 46.76 | 46.90 | 46.34 | 0.564 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.8 as stoploss in an intra day buy trade for a target of 47.77. However, stock will show a bearish move below 46.8.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 45.75 |
| Upside Target | 49.78 |
| Upside Target | 50.18 |
| 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 | 46.67 |
| Downside Intraday Target | 46.29 |
| Upside Intraday Target | 47.53 |
| Upside Intraday Target | 48.01 |
| Upside Intraday Target | 47.15 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 47.05 | 47.50 | 47.63 | 46.77 | 0.052 times |
| 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 |
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 |
| 20 Mon May 2024 | 47.05 | 47.69 | 48.64 | 45.75 | 1.128 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 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 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 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 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 47.5 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 47.5 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. 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.