(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 2024-07-31 View latest technical analysis
10 day averaged volume of Magna International is 1535422
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 44.37 | 44.01 | 45.16 | 43.92 | 1.337 times |
| 30 Tue Jul 2024 | 43.73 | 43.76 | 44.25 | 43.53 | 1.349 times |
| 29 Mon Jul 2024 | 43.76 | 43.53 | 44.00 | 42.94 | 1.196 times |
| 26 Fri Jul 2024 | 43.53 | 43.55 | 43.66 | 42.90 | 0.708 times |
| 25 Thu Jul 2024 | 43.23 | 42.60 | 43.98 | 42.60 | 1.105 times |
| 24 Wed Jul 2024 | 42.70 | 43.59 | 44.07 | 42.60 | 0.54 times |
| 23 Tue Jul 2024 | 43.79 | 44.20 | 44.38 | 43.70 | 1.034 times |
| 22 Mon Jul 2024 | 44.51 | 43.78 | 44.57 | 43.34 | 0.642 times |
| 19 Fri Jul 2024 | 43.64 | 44.19 | 44.99 | 43.29 | 1.799 times |
| 18 Thu Jul 2024 | 45.30 | 45.81 | 46.44 | 45.03 | 1.044 times |
My analysis of stock is bullish for shortterm, and stock might move up till 44.9 or till 46.1. Use a stoploss of 43.87 and if this stock hits its stoploss, then it can fall down till 42.85
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 40.83 |
| Upside Target | 45.16 |
| 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 | 43.15 |
| Downside Intraday Target | 41.94 |
| Upside Intraday Target | 45.37 |
| Upside Intraday Target | 46.38 |
| Downside Intraday Target | 44.16 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 44.37 | 43.53 | 45.16 | 42.94 | 0.963 times |
| 26 Fri Jul 2024 | 43.53 | 43.78 | 44.57 | 42.60 | 0.819 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 |
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 |
| 31 Wed Jul 2024 | 44.37 | 42.75 | 46.44 | 41.43 | 1.153 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
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. Bears are weakening, and bulls 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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 43.89 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 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 positive
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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
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. Bears are weakening, and bulls 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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 43.89 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.