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(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 2024-12-05 View latest technical analysis

10 day averaged volume of Magna International is 1501484

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	46.57	46.63	47.22	46.11	0.081 times
04 Wed Dec 2024	45.46	45.61	46.52	45.46	0.078 times
03 Tue Dec 2024	45.24	45.36	45.68	45.09	0.078 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	1.288 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	1.288 times
25 Mon Nov 2024	46.46	45.51	47.00	45.40	1.756 times
22 Fri Nov 2024	45.08	44.02	45.40	43.88	1.663 times
21 Thu Nov 2024	44.14	42.65	44.25	42.65	1.311 times
20 Wed Nov 2024	42.65	42.57	42.82	42.02	0.947 times
19 Tue Nov 2024	42.78	43.08	43.34	42.67	0.98 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 46.7, for a target of 45.3 or 44.11

Share price targets for Magna International (MGA)

Target Type	Value
Downside Target	38.01
Downside Target	39.40
Downside Target	41.31
Downside Target	43.28
Downside Target	45.09
Downside Target	45.34
Downside Target	45.40
Upside Target	47.00
Upside Target	47.22

Intraday share price targets for Magna International (MGA)

Target Type	Value
Downside Intraday Target	45.37
Downside Intraday Target	44.16
Upside Intraday Target	47.5
Upside Intraday Target	48.42
Downside Intraday Target	46.29

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	46.57	45.36	47.22	45.09	0.184 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	0.423 times
26 Tue Nov 2024	44.04	45.51	47.00	43.95	0.552 times
22 Fri Nov 2024	45.08	44.01	45.40	42.02	0.77 times
15 Fri Nov 2024	43.90	43.60	44.91	43.28	1.237 times

Price has moved up 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
05 Thu Dec 2024	46.57	45.36	47.22	45.09	0.01 times
26 Tue Nov 2024	44.04	42.10	47.00	41.31	1.261 times
31 Thu Oct 2024	39.47	40.99	44.30	39.40	0.966 times
30 Mon Sep 2024	41.04	41.58	43.54	38.05	0.68 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 mid to longer 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.

ADX buy sell signal for Magna International stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Magna International in short term and the buy signal is strong.

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 green color and prices are above the green 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

Although the stock is in the SELL zone, but selling 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 44.46 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.