(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 2024-06-14 View latest technical analysis
10 day averaged volume of Magna International is 1365670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 42.19 | 42.10 | 42.29 | 41.21 | 1.367 times |
| 13 Thu Jun 2024 | 42.74 | 43.41 | 43.45 | 42.67 | 0.688 times |
| 12 Wed Jun 2024 | 43.33 | 43.82 | 44.39 | 43.15 | 0.655 times |
| 11 Tue Jun 2024 | 43.07 | 43.30 | 43.41 | 42.78 | 1.168 times |
| 10 Mon Jun 2024 | 43.68 | 43.33 | 43.87 | 43.05 | 0.99 times |
| 07 Fri Jun 2024 | 43.76 | 43.71 | 43.93 | 43.44 | 1.14 times |
| 06 Thu Jun 2024 | 44.16 | 44.01 | 44.42 | 43.88 | 0.808 times |
| 05 Wed Jun 2024 | 44.46 | 44.69 | 44.79 | 43.90 | 0.597 times |
| 04 Tue Jun 2024 | 44.51 | 44.69 | 45.21 | 44.50 | 1.048 times |
| 03 Mon Jun 2024 | 45.15 | 45.35 | 45.52 | 44.57 | 1.606 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 41.7, for a target of 43.3 or 44.68
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 41.21 |
| Upside Target | 43.44 |
| Upside Target | 46.72 |
| Upside Target | 47.63 |
| Upside Target | 48.18 |
| Upside Target | 48.64 |
| Upside Target | 51.90 |
| Upside Target | 53.01 |
| Upside Target | 54.36 |
| Upside Target | 56.12 |
| Upside Target | 59.37 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 40.8 |
| Downside Intraday Target | 39.42 |
| Upside Intraday Target | 43.98 |
| Upside Intraday Target | 45.78 |
| Upside Intraday Target | 42.6 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 42.19 | 43.33 | 44.39 | 41.21 | 0.936 times |
| 07 Fri Jun 2024 | 43.76 | 45.35 | 45.52 | 43.44 | 0.982 times |
| 31 Fri May 2024 | 45.21 | 45.49 | 45.63 | 43.96 | 0.499 times |
| 24 Fri May 2024 | 45.35 | 47.50 | 47.63 | 44.65 | 0.767 times |
| 17 Fri May 2024 | 47.49 | 47.23 | 48.18 | 46.72 | 1.813 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 |
| 14 Fri Jun 2024 | 42.19 | 45.35 | 45.52 | 41.21 | 0.228 times |
| 31 Fri May 2024 | 45.21 | 47.69 | 48.64 | 43.96 | 1.72 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 |
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 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 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 gaining 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 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 43.73 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 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 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 gaining 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 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 43.73 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.