(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.
10 day averaged volume of Magna International is 1056961
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 63.89 | 62.62 | 64.27 | 62.50 | 1.074 times |
| 26 Thu Jan 2023 | 62.05 | 62.01 | 62.22 | 61.07 | 0.821 times |
| 25 Wed Jan 2023 | 61.14 | 59.14 | 61.26 | 58.72 | 1.368 times |
| 24 Tue Jan 2023 | 60.74 | 62.97 | 62.97 | 59.16 | 3.269 times |
| 23 Mon Jan 2023 | 65.46 | 64.47 | 65.51 | 64.08 | 0.477 times |
| 20 Fri Jan 2023 | 63.88 | 63.52 | 64.38 | 63.10 | 0.585 times |
| 19 Thu Jan 2023 | 63.12 | 63.50 | 63.60 | 62.35 | 0.535 times |
| 18 Wed Jan 2023 | 63.86 | 65.77 | 65.99 | 63.81 | 0.764 times |
| 17 Tue Jan 2023 | 65.15 | 63.82 | 65.24 | 63.81 | 0.983 times |
| 13 Fri Jan 2023 | 64.07 | 63.03 | 64.34 | 62.88 | 0.661 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 64.4 as stoploss in an intra day sell trade for a target of 61.99. However, stock will show a bullish move above 64.4.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 45.58 |
| Downside Target | 47.04 |
| Downside Target | 53.21 |
| Downside Target | 56.32 |
| Downside Target | 58.72 |
| Downside Target | 60.01 |
| Downside Target | 61.99 |
| Upside Target | 64.31 |
| Upside Target | 64.34 |
| Upside Target | 65.51 |
| Upside Target | 65.99 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 59.9 |
| Downside Intraday Target | 55.92 |
| Upside Intraday Target | 66.69 |
| Upside Intraday Target | 69.5 |
| Downside Intraday Target | 62.71 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 63.89 | 64.47 | 65.51 | 58.72 | 2.445 times |
| 20 Fri Jan 2023 | 63.88 | 63.82 | 65.99 | 62.35 | 4.333 times |
| 13 Fri Jan 2023 | 64.07 | 63.03 | 64.34 | 62.88 | 0.156 times |
| 13 Fri Jan 2023 | 64.08 | 61.37 | 64.34 | 60.01 | 1.271 times |
| 06 Fri Jan 2023 | 61.60 | 57.02 | 61.99 | 56.91 | 5.682 times |
Price has moved up 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 |
| 27 Fri Jan 2023 | 63.89 | 57.02 | 65.99 | 56.91 | 0.771 times |
| 30 Fri Dec 2022 | 56.18 | 61.94 | 62.74 | 53.86 | 0.979 times |
| 30 Wed Nov 2022 | 61.59 | 56.98 | 64.31 | 53.21 | 1.138 times |
| 31 Mon Oct 2022 | 55.73 | 48.53 | 56.32 | 45.58 | 0.935 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 35, 26, 15 | Buy |
| MACD | 2, 2 | Sell |
| Stochastics | 50 | None |
| CCI | 21 | Buy |
| RSI | 46 | Sell |
| OBV | 5038461 | Sell |
| VWAP | 63 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 62.57 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 has given negative 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.
Daily charts
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