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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.

Showing technical analysis as on 2024-07-22 View latest technical analysis

10 day averaged volume of Magna International is 1366639

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	44.51	43.78	44.57	43.34	0.721 times
19 Fri Jul 2024	43.64	44.19	44.99	43.29	2.022 times
18 Thu Jul 2024	45.30	45.81	46.44	45.03	1.173 times
17 Wed Jul 2024	45.82	45.28	45.99	45.03	0.654 times
16 Tue Jul 2024	45.80	44.50	45.96	44.24	0.818 times
15 Mon Jul 2024	44.45	44.27	45.12	43.89	0.86 times
12 Fri Jul 2024	44.45	44.67	44.96	44.38	0.788 times
11 Thu Jul 2024	44.55	44.10	44.68	43.97	0.771 times
10 Wed Jul 2024	43.60	42.63	43.67	42.52	1.441 times
09 Tue Jul 2024	42.75	42.38	42.88	42.14	0.933 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 44.7 as stoploss in an intra day sell trade for a target of 43.27. However, stock will show a bullish move above 44.7.

Share price targets for Magna International (MGA)

Target Type	Value
Downside Target	40.83
Upside Target	44.96
Upside Target	45.52
Upside Target	46.44
Upside Target	47.42
Upside Target	48.64
Upside Target	51.90
Upside Target	54.36
Upside Target	56.12

Intraday share price targets for Magna International (MGA)

Target Type	Value
Downside Intraday Target	43.71
Downside Intraday Target	42.91
Upside Intraday Target	44.94
Upside Intraday Target	45.37
Downside Intraday Target	44.14

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	44.51	43.78	44.57	43.34	0.131 times
19 Fri Jul 2024	43.64	44.27	46.44	43.29	1.236 times
12 Fri Jul 2024	44.45	42.52	44.96	42.14	4.349 times
05 Fri Jul 2024	42.27	42.74	42.81	42.25	0.438 times
03 Wed Jul 2024	42.53	42.75	42.87	41.43	0.505 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
22 Mon Jul 2024	44.51	42.75	46.44	41.43	0.73 times
28 Fri Jun 2024	41.90	45.35	45.52	40.83	0.438 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

Scroll below to view daily charts

Price has moved up 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Magna International in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Magna International in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 44.32 and Magna International (MGA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.