(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 2024-05-22 View latest technical analysis
10 day averaged volume of Magna International is 2749862
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 46.09 | 46.17 | 46.61 | 45.96 | 0.346 times |
| 21 Tue May 2024 | 46.49 | 47.17 | 47.28 | 46.45 | 0.486 times |
| 20 Mon May 2024 | 47.05 | 47.50 | 47.63 | 46.77 | 0.354 times |
| 17 Fri May 2024 | 47.49 | 48.00 | 48.00 | 47.01 | 0.533 times |
| 16 Thu May 2024 | 47.94 | 47.61 | 47.99 | 47.17 | 2.544 times |
| 15 Wed May 2024 | 48.11 | 48.07 | 48.18 | 47.50 | 2.738 times |
| 14 Tue May 2024 | 47.55 | 47.08 | 47.58 | 46.90 | 0.422 times |
| 13 Mon May 2024 | 46.97 | 47.23 | 47.49 | 46.72 | 0.628 times |
| 10 Fri May 2024 | 46.92 | 46.78 | 47.04 | 46.44 | 1.017 times |
| 09 Thu May 2024 | 46.40 | 47.01 | 47.36 | 46.38 | 0.913 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.5, but if it comes above 46.5, then a intra day buy could be more profitable.
If you take a sell trade below 46.5, then use 46.5 as stoploss and 45.4 as target. However if you take a buy trade in stock , then use 46.5 as stoploss and 47.45 as target.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 45.75 |
| Upside Target | 49.78 |
| Upside Target | 50.18 |
| Upside Target | 51.90 |
| Upside Target | 52.91 |
| Upside Target | 53.01 |
| 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 | 45.49 |
| Downside Intraday Target | 44.89 |
| Upside Intraday Target | 47.16 |
| Upside Intraday Target | 48.23 |
| Upside Intraday Target | 46.56 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 46.09 | 47.50 | 47.63 | 45.96 | 0.173 times |
| 17 Fri May 2024 | 47.49 | 47.23 | 48.18 | 46.72 | 1.813 times |
| 10 Fri May 2024 | 46.92 | 47.26 | 47.70 | 45.75 | 0.835 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 |
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 |
| 22 Wed May 2024 | 46.09 | 47.69 | 48.64 | 45.75 | 1.193 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 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 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
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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling is losing 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 47.47 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 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 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
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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling is losing 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 47.47 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.