Mobile app version of munafa.top
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 1174730

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 54.54 53.83 54.54 53.43 1.742 times
26 Tue Mar 2024 53.51 53.64 54.08 53.37 1.173 times
25 Mon Mar 2024 53.58 54.01 54.98 53.31 1.813 times
22 Fri Mar 2024 54.82 55.74 56.02 54.70 0.597 times
21 Thu Mar 2024 55.86 55.06 56.12 54.89 1.294 times
20 Wed Mar 2024 54.95 52.58 55.05 52.58 0.887 times
19 Tue Mar 2024 52.64 52.41 53.01 52.38 0.821 times
18 Mon Mar 2024 52.51 52.84 53.01 52.31 0.864 times
15 Fri Mar 2024 52.52 52.03 52.98 52.03 0.862 times
14 Thu Mar 2024 52.05 53.80 53.87 51.90 1.01 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 54.9 as stoploss in an intra day sell trade for a target of 53.97. However, stock will show a bullish move above 54.9.

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 46.71
Downside Target 51.90
Upside Target 54.98
Upside Target 55.50
Upside Target 55.52
Upside Target 56.12
Upside Target 56.44
Upside Target 59.37
Upside Target 59.53
Upside Target 60.32

Intraday share price targets for Magna International (MGA)

Target Type Value
Downside Intraday Target 53.57
Downside Intraday Target 52.61
Upside Intraday Target 55.24
Upside Intraday Target 55.95
Downside Intraday Target 54.28

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 54.54 54.01 54.98 53.31 1.059 times
22 Fri Mar 2024 54.82 52.84 56.12 52.31 1.026 times
15 Fri Mar 2024 52.52 53.88 54.46 51.90 0.933 times
08 Fri Mar 2024 54.50 54.07 55.52 53.70 0.824 times
01 Fri Mar 2024 54.05 54.10 55.50 53.01 0.653 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
27 Wed Mar 2024 54.54 55.33 56.12 51.90 0.681 times
29 Thu Feb 2024 55.12 57.35 59.37 53.01 1.522 times
31 Wed Jan 2024 56.85 58.50 59.53 52.91 1.185 times
29 Fri Dec 2023 59.08 54.09 60.32 52.61 0.596 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 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 red color and prices are in or above the red 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 negative zone. This is the SELL 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 53.79 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.

Price action analysis of Magna International ( (MGA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 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 red color and prices are in or above the red 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 negative zone. This is the SELL 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 53.79 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme