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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.

10 day averaged volume of Magna International is 1756730

Date Daily Closing Price Open High Low Volume
04 Mon Mar 2024 54.19 54.07 54.41 53.73 0.479 times
01 Fri Mar 2024 54.05 55.33 55.33 53.72 0.879 times
29 Thu Feb 2024 55.12 55.30 55.50 54.48 0.895 times
28 Wed Feb 2024 54.85 54.40 55.04 54.19 0.454 times
27 Tue Feb 2024 54.74 53.66 55.13 53.51 0.951 times
26 Mon Feb 2024 53.33 54.10 54.64 53.01 0.604 times
23 Fri Feb 2024 54.34 54.59 55.00 54.27 0.598 times
22 Thu Feb 2024 54.64 54.25 55.02 54.06 2.392 times
21 Wed Feb 2024 54.40 54.26 54.62 53.79 2.19 times
20 Tue Feb 2024 54.28 54.64 54.90 53.64 0.614 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 53.7 as stoploss in an intra day buy trade for a target of 55.26. However, stock will show a bearish move below 53.7.

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 46.71
Downside Target 52.61
Upside Target 55.02
Upside Target 55.33
Upside Target 55.50
Upside Target 55.73
Upside Target 56.44
Upside Target 59.37
Upside Target 59.53
Upside Target 60.32

Intraday share price targets for Magna International (MGA)

Target Type Value
Downside Intraday Target 53.81
Downside Intraday Target 53.43
Upside Intraday Target 54.49
Upside Intraday Target 54.79
Downside Intraday Target 54.11

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
04 Mon Mar 2024 54.19 54.07 54.41 53.73 0.127 times
01 Fri Mar 2024 54.05 54.10 55.50 53.01 0.653 times
23 Fri Feb 2024 54.34 54.64 55.02 53.64 1.447 times
16 Fri Feb 2024 54.94 54.16 55.73 53.22 0.787 times
09 Fri Feb 2024 54.69 56.39 59.37 53.70 1.377 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
04 Mon Mar 2024 54.19 55.33 55.33 53.72 0.071 times
29 Thu Feb 2024 55.12 57.35 59.37 53.01 1.522 times
31 Wed Jan 2024 56.85 58.50 59.53 52.91 1.185 times
29 Fri Dec 2023 59.08 54.09 60.32 52.61 0.596 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 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 to mid 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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 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 54.46 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 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 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 to mid 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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 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 54.46 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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