(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 2024-03-21 View latest technical analysis
10 day averaged volume of Magna International is 1001520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 55.86 | 55.06 | 56.12 | 54.89 | 1.517 times |
| 20 Wed Mar 2024 | 54.95 | 52.58 | 55.05 | 52.58 | 1.04 times |
| 19 Tue Mar 2024 | 52.64 | 52.41 | 53.01 | 52.38 | 0.963 times |
| 18 Mon Mar 2024 | 52.51 | 52.84 | 53.01 | 52.31 | 1.014 times |
| 15 Fri Mar 2024 | 52.52 | 52.03 | 52.98 | 52.03 | 1.011 times |
| 14 Thu Mar 2024 | 52.05 | 53.80 | 53.87 | 51.90 | 1.185 times |
| 13 Wed Mar 2024 | 53.91 | 53.46 | 54.25 | 53.37 | 0.797 times |
| 12 Tue Mar 2024 | 53.60 | 54.18 | 54.33 | 53.47 | 1.011 times |
| 11 Mon Mar 2024 | 54.11 | 53.88 | 54.46 | 53.85 | 1.095 times |
| 08 Fri Mar 2024 | 54.50 | 54.91 | 55.52 | 54.40 | 0.976 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 56.1, for a target of 55 or 54.01
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 46.71 |
| Downside Target | 51.90 |
| Downside Target | 55.02 |
| Downside Target | 55.50 |
| Downside 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 | 53.41 |
| Downside Intraday Target | 50.95 |
| Upside Intraday Target | 57.22 |
| Upside Intraday Target | 58.57 |
| Downside Intraday Target | 54.76 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 55.86 | 52.84 | 56.12 | 52.31 | 0.889 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 |
| 23 Fri Feb 2024 | 54.34 | 54.64 | 55.02 | 53.64 | 1.447 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 |
| 21 Thu Mar 2024 | 55.86 | 55.33 | 56.12 | 51.90 | 0.495 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 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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 Strong 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. Bulls 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 53.75 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 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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 Strong 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. Bulls 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 53.75 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.