(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 2024-05-23 View latest technical analysis
10 day averaged volume of Magna International is 2744722
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 44.76 | 46.17 | 46.32 | 44.73 | 2.616 times |
| 22 Wed May 2024 | 46.09 | 46.17 | 46.61 | 45.96 | 0.347 times |
| 21 Tue May 2024 | 46.49 | 47.17 | 47.28 | 46.45 | 0.487 times |
| 20 Mon May 2024 | 47.05 | 47.50 | 47.63 | 46.77 | 0.354 times |
| 17 Fri May 2024 | 47.49 | 48.00 | 48.00 | 47.01 | 0.534 times |
| 16 Thu May 2024 | 47.94 | 47.61 | 47.99 | 47.17 | 2.549 times |
| 15 Wed May 2024 | 48.11 | 48.07 | 48.18 | 47.50 | 2.743 times |
| 14 Tue May 2024 | 47.55 | 47.08 | 47.58 | 46.90 | 0.423 times |
| 13 Mon May 2024 | 46.97 | 47.23 | 47.49 | 46.72 | 0.629 times |
| 10 Fri May 2024 | 46.92 | 46.78 | 47.04 | 46.44 | 1.019 times |
Stock of Magna International (MGA) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45, for a target of 46.2 or 47.25
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 44.73 |
| Upside 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 | 43.78 |
| Downside Intraday Target | 42.81 |
| Upside Intraday Target | 46.68 |
| Upside Intraday Target | 48.61 |
| Upside Intraday Target | 45.71 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 44.76 | 47.50 | 47.63 | 44.73 | 0.553 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 |
| 23 Thu May 2024 | 44.76 | 47.69 | 48.64 | 44.73 | 1.398 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 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 short 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 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 SELL signal for Magna International in short term and the sell signal is strong.
Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Magna International is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 46.95 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 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 short 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 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 SELL signal for Magna International in short term and the sell signal is strong.
Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Magna International is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 46.95 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.