(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 2024-07-10 View latest technical analysis
10 day averaged volume of Magna International is 1028400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 43.60 | 42.63 | 43.67 | 42.52 | 1.915 times |
| 09 Tue Jul 2024 | 42.75 | 42.38 | 42.88 | 42.14 | 1.24 times |
| 08 Mon Jul 2024 | 42.56 | 42.52 | 42.79 | 42.46 | 0.718 times |
| 05 Fri Jul 2024 | 42.27 | 42.53 | 42.81 | 42.25 | 0.942 times |
| 03 Wed Jul 2024 | 42.53 | 42.74 | 42.81 | 42.26 | 0.424 times |
| 03 Wed Jul 2024 | 42.53 | 42.74 | 42.81 | 42.26 | 0.424 times |
| 02 Tue Jul 2024 | 42.46 | 41.48 | 42.84 | 41.48 | 1.511 times |
| 01 Mon Jul 2024 | 41.55 | 42.75 | 42.87 | 41.43 | 1.184 times |
| 28 Fri Jun 2024 | 41.90 | 41.82 | 42.01 | 41.48 | 0.88 times |
| 27 Thu Jun 2024 | 41.55 | 41.60 | 41.88 | 41.40 | 1.183 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 43.4, for a target of 42.8 or 42.31
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 40.83 |
| Upside Target | 43.67 |
| Upside Target | 43.96 |
| Upside Target | 45.52 |
| Upside Target | 47.42 |
| Upside Target | 48.64 |
| Upside Target | 51.90 |
| Upside Target | 54.36 |
| Upside Target | 56.12 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 42.6 |
| Downside Intraday Target | 41.61 |
| Upside Intraday Target | 44.13 |
| Upside Intraday Target | 44.67 |
| Downside Intraday Target | 43.14 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 43.60 | 42.52 | 43.67 | 42.14 | 2.834 times |
| 05 Fri Jul 2024 | 42.27 | 42.74 | 42.81 | 42.25 | 0.438 times |
| 03 Wed Jul 2024 | 42.53 | 42.75 | 42.87 | 41.43 | 0.505 times |
| 28 Fri Jun 2024 | 41.90 | 42.42 | 43.32 | 40.83 | 1.671 times |
| 21 Fri Jun 2024 | 42.22 | 42.90 | 43.19 | 41.82 | 1.536 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 |
| 10 Wed Jul 2024 | 43.60 | 42.75 | 43.67 | 41.43 | 0.326 times |
| 28 Fri Jun 2024 | 41.90 | 45.35 | 45.52 | 40.83 | 0.438 times |
| 31 Fri May 2024 | 45.21 | 47.69 | 48.64 | 43.96 | 1.72 times |
| 30 Tue Apr 2024 | 47.80 | 54.05 | 54.36 | 47.42 | 1.472 times |
Scroll below to view daily charts
Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magna International in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 42.45 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magna International in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 42.45 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.