(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 2024-08-05 View latest technical analysis
10 day averaged volume of Magna International is 1929936
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 39.06 | 39.00 | 39.81 | 38.39 | 1.885 times |
| 02 Fri Aug 2024 | 40.43 | 42.31 | 42.31 | 40.11 | 1.889 times |
| 01 Thu Aug 2024 | 43.01 | 43.90 | 44.39 | 42.52 | 1.817 times |
| 31 Wed Jul 2024 | 44.37 | 44.01 | 45.16 | 43.92 | 1.064 times |
| 30 Tue Jul 2024 | 43.73 | 43.76 | 44.25 | 43.53 | 1.073 times |
| 29 Mon Jul 2024 | 43.76 | 43.53 | 44.00 | 42.94 | 0.952 times |
| 26 Fri Jul 2024 | 43.53 | 43.55 | 43.66 | 42.90 | 0.563 times |
| 25 Thu Jul 2024 | 43.23 | 42.60 | 43.98 | 42.60 | 0.879 times |
| 24 Wed Jul 2024 | 42.70 | 43.59 | 44.07 | 42.60 | 0.43 times |
| 23 Tue Jul 2024 | 43.79 | 44.20 | 44.38 | 43.70 | 0.822 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 40.2, for a target of 42.1 or 43.62
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.39 |
| Upside Target | 39.81 |
| Upside Target | 44.57 |
| Upside Target | 44.96 |
| Upside Target | 45.16 |
| Upside Target | 45.52 |
| Upside Target | 46.44 |
| Upside Target | 47.42 |
| Upside Target | 48.64 |
| Upside Target | 54.36 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 38.36 |
| Downside Intraday Target | 37.67 |
| Upside Intraday Target | 39.78 |
| Upside Intraday Target | 40.51 |
| Upside Intraday Target | 39.09 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 39.06 | 39.00 | 39.81 | 38.39 | 0.277 times |
| 02 Fri Aug 2024 | 40.43 | 43.53 | 45.16 | 40.11 | 2.12 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 |
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 |
| 05 Mon Aug 2024 | 39.06 | 43.90 | 44.39 | 38.39 | 0.355 times |
| 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 |
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 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 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 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 42.27 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 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 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 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 42.27 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.