(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 1889740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 47.80 | 48.75 | 48.75 | 47.74 | 1.007 times |
| 29 Mon Apr 2024 | 49.38 | 49.41 | 49.78 | 49.14 | 0.702 times |
| 26 Fri Apr 2024 | 49.12 | 48.80 | 49.38 | 48.75 | 0.603 times |
| 25 Thu Apr 2024 | 48.70 | 48.63 | 48.90 | 48.01 | 0.777 times |
| 24 Wed Apr 2024 | 49.21 | 49.84 | 50.18 | 49.03 | 0.537 times |
| 23 Tue Apr 2024 | 49.77 | 49.55 | 49.87 | 49.07 | 0.499 times |
| 22 Mon Apr 2024 | 49.31 | 48.77 | 49.45 | 48.41 | 3.495 times |
| 19 Fri Apr 2024 | 48.34 | 47.56 | 48.41 | 47.55 | 0.796 times |
| 18 Thu Apr 2024 | 47.85 | 48.26 | 48.26 | 47.42 | 1.007 times |
| 17 Wed Apr 2024 | 47.84 | 48.92 | 49.02 | 47.67 | 0.962 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.3, but if it comes above 48.3, then a intra day buy could be more profitable.
If you take a sell trade below 48.3, then use 48.3 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 50 as target.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 47.42 |
| Upside Target | 49.78 |
| Upside Target | 51.69 |
| Upside Target | 53.01 |
| Upside Target | 53.26 |
| Upside Target | 54.36 |
| Upside Target | 56.12 |
| 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 | 47.1 |
| Downside Intraday Target | 46.4 |
| Upside Intraday Target | 49.14 |
| Upside Intraday Target | 50.48 |
| Upside Intraday Target | 48.44 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 47.80 | 49.41 | 49.78 | 47.74 | 0.289 times |
| 26 Fri Apr 2024 | 49.12 | 48.77 | 50.18 | 48.01 | 1.528 times |
| 19 Fri Apr 2024 | 48.34 | 50.08 | 50.36 | 47.42 | 1.553 times |
| 12 Fri Apr 2024 | 49.84 | 52.60 | 53.26 | 49.82 | 0.546 times |
| 05 Fri Apr 2024 | 52.18 | 54.05 | 54.36 | 51.69 | 1.338 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 |
| 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 |
| 31 Wed Jan 2024 | 56.85 | 58.50 | 59.53 | 52.91 | 1.185 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 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 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 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.
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. 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 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 48.78 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 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 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 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.
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. 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 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 48.78 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.