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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 2024-12-03 View latest technical analysis

10 day averaged volume of Magna International is 1725550

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	45.24	45.36	45.68	45.09	0.068 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	1.121 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	1.121 times
25 Mon Nov 2024	46.46	45.51	47.00	45.40	1.528 times
22 Fri Nov 2024	45.08	44.02	45.40	43.88	1.447 times
21 Thu Nov 2024	44.14	42.65	44.25	42.65	1.141 times
20 Wed Nov 2024	42.65	42.57	42.82	42.02	0.824 times
19 Tue Nov 2024	42.78	43.08	43.34	42.67	0.853 times
18 Mon Nov 2024	43.72	44.01	44.64	43.69	0.533 times
15 Fri Nov 2024	43.90	43.46	43.98	43.28	0.653 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.8, but if it comes below 44.8, then a intra day sell could be more profitable.
If you take a sell trade below 44.8, then use 44.8 as stoploss and 43.71 as target. However if you take a buy trade in stock , then use 44.8 as stoploss and 46.2 as target.

Share price targets for Magna International (MGA)

Target Type	Value
Downside Target	38.01
Downside Target	39.40
Downside Target	41.31
Downside Target	43.28
Downside Target	45.09
Upside Target	45.34
Upside Target	45.40
Upside Target	45.68
Upside Target	47.00

Intraday share price targets for Magna International (MGA)

Target Type	Value
Downside Intraday Target	44.99
Downside Intraday Target	44.75
Upside Intraday Target	45.58
Upside Intraday Target	45.93
Upside Intraday Target	45.34

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	45.24	45.36	45.68	45.09	0.06 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	0.423 times
26 Tue Nov 2024	44.04	45.51	47.00	43.95	0.552 times
22 Fri Nov 2024	45.08	44.01	45.40	42.02	0.77 times
15 Fri Nov 2024	43.90	43.60	44.91	43.28	1.237 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
03 Tue Dec 2024	45.24	45.36	45.68	45.09	0.003 times
26 Tue Nov 2024	44.04	42.10	47.00	41.31	1.261 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Magna International stock for short term is BUY. Signal strength is Strong 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. Bears are getting stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 44.35 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.