(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 2024-05-09 View latest technical analysis
10 day averaged volume of Magna International is 2018050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 46.40 | 47.01 | 47.36 | 46.38 | 1.244 times |
| 08 Wed May 2024 | 47.08 | 46.04 | 47.21 | 45.75 | 0.497 times |
| 07 Tue May 2024 | 46.60 | 46.76 | 46.90 | 46.34 | 0.819 times |
| 06 Mon May 2024 | 46.58 | 47.26 | 47.70 | 45.99 | 1.215 times |
| 03 Fri May 2024 | 46.70 | 46.80 | 47.50 | 46.11 | 1.976 times |
| 02 Thu May 2024 | 48.42 | 48.55 | 48.64 | 47.97 | 1.631 times |
| 01 Wed May 2024 | 47.64 | 47.69 | 48.33 | 47.35 | 0.97 times |
| 30 Tue Apr 2024 | 47.80 | 48.75 | 48.75 | 47.74 | 0.943 times |
| 29 Mon Apr 2024 | 49.38 | 49.41 | 49.78 | 49.14 | 0.657 times |
| 26 Fri Apr 2024 | 49.12 | 48.80 | 49.38 | 48.75 | 0.565 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.1, but if it comes above 47.1, then a intra day buy could be more profitable.
If you take a sell trade below 47.1, then use 47.1 as stoploss and 45.8 as target. However if you take a buy trade in stock , then use 47.1 as stoploss and 48.25 as target.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 45.75 |
| Upside Target | 47.42 |
| Upside Target | 49.78 |
| Upside Target | 51.90 |
| Upside Target | 52.91 |
| Upside Target | 53.01 |
| Upside Target | 53.26 |
| 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 | 45.53 |
| Downside Intraday Target | 44.67 |
| Upside Intraday Target | 47.48 |
| Upside Intraday Target | 48.57 |
| Upside Intraday Target | 46.62 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 46.40 | 47.26 | 47.70 | 45.75 | 0.611 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 |
| 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 |
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 |
| 09 Thu May 2024 | 46.40 | 47.69 | 48.64 | 45.75 | 0.481 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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Magna International in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 47.41 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Magna International in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 47.41 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.