(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 2024-08-20 View latest technical analysis
10 day averaged volume of Magna International is 2349641
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 40.67 | 41.25 | 41.28 | 40.52 | 0.356 times |
| 19 Mon Aug 2024 | 41.33 | 41.09 | 41.53 | 41.00 | 0.467 times |
| 16 Fri Aug 2024 | 40.78 | 40.29 | 40.99 | 40.04 | 0.482 times |
| 15 Thu Aug 2024 | 40.79 | 40.29 | 41.13 | 40.29 | 2.296 times |
| 14 Wed Aug 2024 | 39.47 | 39.89 | 40.01 | 39.41 | 0.394 times |
| 13 Tue Aug 2024 | 39.63 | 38.10 | 39.80 | 38.10 | 1.177 times |
| 12 Mon Aug 2024 | 38.03 | 38.85 | 38.90 | 38.01 | 0.919 times |
| 09 Fri Aug 2024 | 38.80 | 39.30 | 39.44 | 38.60 | 0.536 times |
| 08 Thu Aug 2024 | 39.18 | 39.21 | 39.34 | 38.80 | 1.037 times |
| 07 Wed Aug 2024 | 38.88 | 39.24 | 39.67 | 38.63 | 1.314 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39 or till 36.6. Use a stoploss of 41 and if the stock hits stoploss, then it can shoot up till 43
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Downside Target | 39.81 |
| Upside Target | 42.60 |
| Upside Target | 43.96 |
| Upside Target | 44.39 |
| Upside Target | 44.57 |
| 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 | 40.28 |
| Downside Intraday Target | 39.9 |
| Upside Intraday Target | 41.29 |
| Upside Intraday Target | 41.92 |
| Upside Intraday Target | 40.91 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 40.67 | 41.09 | 41.53 | 40.52 | 0.156 times |
| 16 Fri Aug 2024 | 40.78 | 38.85 | 41.13 | 38.01 | 0.906 times |
| 09 Fri Aug 2024 | 38.80 | 39.00 | 39.81 | 38.39 | 1.042 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 |
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 |
| 20 Tue Aug 2024 | 40.67 | 43.90 | 44.39 | 38.01 | 1.154 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.
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 39.74 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 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.
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 39.74 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.