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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 2024-12-10 View latest technical analysis

10 day averaged volume of Magna International is 1427450

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	45.71	45.83	46.52	45.16	0.992 times
09 Mon Dec 2024	45.81	45.85	47.05	45.80	1.07 times
05 Thu Dec 2024	46.57	46.63	47.22	46.11	0.085 times
04 Wed Dec 2024	45.46	45.61	46.52	45.46	0.082 times
03 Tue Dec 2024	45.24	45.36	45.68	45.09	0.082 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	1.355 times
26 Tue Nov 2024	44.04	45.19	45.34	43.95	1.355 times
25 Mon Nov 2024	46.46	45.51	47.00	45.40	1.847 times
22 Fri Nov 2024	45.08	44.02	45.40	43.88	1.749 times
21 Thu Nov 2024	44.14	42.65	44.25	42.65	1.379 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.6, but if it comes below 45.6, then a intra day sell could be more profitable.
If you take a sell trade below 45.6, then use 45.6 as stoploss and 44.45 as target. However if you take a buy trade in stock , then use 45.6 as stoploss and 46.9 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	43.54
Downside Target	45.16
Downside Target	45.34
Downside Target	45.40
Upside Target	47.00
Upside Target	47.05
Upside Target	47.22

Intraday share price targets for Magna International (MGA)

Target Type	Value
Downside Intraday Target	44.9
Downside Intraday Target	44.08
Upside Intraday Target	46.79
Upside Intraday Target	47.86
Upside Intraday Target	45.97

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	45.71	45.85	47.05	45.16	8.268 times
05 Thu Dec 2024	46.57	45.36	47.22	45.09	0.184 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magna International (MGA)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	45.71	45.36	47.22	45.09	0.089 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 losing momentum.

MACD generated a BUY signal for Magna International in short term and the buy signal is strong.

Magna International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 45.08 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.