(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 2024-11-01 View latest technical analysis
10 day averaged volume of Magna International is 1565300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 41.97 | 42.10 | 43.10 | 41.31 | 1.844 times |
| 31 Thu Oct 2024 | 39.47 | 41.25 | 41.29 | 39.40 | 2.086 times |
| 30 Wed Oct 2024 | 41.31 | 41.14 | 41.81 | 41.00 | 0.564 times |
| 29 Tue Oct 2024 | 41.61 | 42.20 | 42.27 | 41.18 | 0.631 times |
| 28 Mon Oct 2024 | 42.96 | 42.22 | 43.00 | 42.00 | 0.483 times |
| 25 Fri Oct 2024 | 41.98 | 42.57 | 42.59 | 41.83 | 0.998 times |
| 24 Thu Oct 2024 | 42.11 | 42.71 | 43.08 | 41.46 | 0.974 times |
| 23 Wed Oct 2024 | 42.08 | 41.69 | 42.18 | 41.40 | 1.167 times |
| 22 Tue Oct 2024 | 41.90 | 41.91 | 42.08 | 41.47 | 0.856 times |
| 21 Mon Oct 2024 | 41.85 | 43.23 | 43.42 | 41.77 | 0.933 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.5 or till 43.4. Use a stoploss of 41.63 and if this stock hits its stoploss, then it can fall down till 40.8
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Downside Target | 39.40 |
| Upside Target | 42.28 |
| Upside Target | 43.10 |
| Upside Target | 43.42 |
| Upside Target | 43.54 |
| Upside Target | 44.30 |
| Upside Target | 44.39 |
| Upside Target | 46.44 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 39.88 |
| Downside Intraday Target | 37.79 |
| Upside Intraday Target | 43.58 |
| Upside Intraday Target | 45.19 |
| Downside Intraday Target | 41.49 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 41.97 | 42.22 | 43.10 | 39.40 | 1.138 times |
| 25 Fri Oct 2024 | 41.98 | 43.23 | 43.42 | 41.40 | 1.101 times |
| 18 Fri Oct 2024 | 43.49 | 41.38 | 44.30 | 40.82 | 1.622 times |
| 11 Fri Oct 2024 | 41.40 | 40.79 | 41.93 | 40.07 | 0.719 times |
| 04 Fri Oct 2024 | 41.08 | 41.62 | 42.28 | 39.83 | 0.834 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 |
| 01 Fri Nov 2024 | 41.97 | 42.10 | 43.10 | 41.31 | 0.098 times |
| 31 Thu Oct 2024 | 39.47 | 40.99 | 44.30 | 39.40 | 0.966 times |
| 30 Mon Sep 2024 | 41.04 | 41.58 | 43.54 | 38.05 | 0.68 times |
| 30 Fri Aug 2024 | 42.03 | 43.90 | 44.39 | 38.01 | 1.474 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Magna International stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magna International in short term but the sell 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 LOWS in short term which reflects strong selling momentum. 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
Stock of Magna International is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.47 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 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Magna International stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magna International in short term but the sell 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 LOWS in short term which reflects strong selling momentum. 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
Stock of Magna International is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.47 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.