(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 2024-03-26 View latest technical analysis
10 day averaged volume of Magna International is 1138260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 53.51 | 53.64 | 54.08 | 53.37 | 1.21 times |
| 25 Mon Mar 2024 | 53.58 | 54.01 | 54.98 | 53.31 | 1.871 times |
| 22 Fri Mar 2024 | 54.82 | 55.74 | 56.02 | 54.70 | 0.616 times |
| 21 Thu Mar 2024 | 55.86 | 55.06 | 56.12 | 54.89 | 1.335 times |
| 20 Wed Mar 2024 | 54.95 | 52.58 | 55.05 | 52.58 | 0.915 times |
| 19 Tue Mar 2024 | 52.64 | 52.41 | 53.01 | 52.38 | 0.847 times |
| 18 Mon Mar 2024 | 52.51 | 52.84 | 53.01 | 52.31 | 0.892 times |
| 15 Fri Mar 2024 | 52.52 | 52.03 | 52.98 | 52.03 | 0.89 times |
| 14 Thu Mar 2024 | 52.05 | 53.80 | 53.87 | 51.90 | 1.043 times |
| 13 Wed Mar 2024 | 53.91 | 53.46 | 54.25 | 53.37 | 0.701 times |
My analysis of stock is bearish for shortterm, and stock might move down till 53 or till 51.9. Use a stoploss of 53.99 and if the stock hits stoploss, then it can shoot up till 54.95
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 | 52.89 |
| Downside Intraday Target | 52.26 |
| Upside Intraday Target | 54.56 |
| Upside Intraday Target | 55.6 |
| Upside Intraday Target | 53.93 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 53.51 | 54.01 | 54.98 | 53.31 | 0.669 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 |
| 26 Tue Mar 2024 | 53.51 | 55.33 | 56.12 | 51.90 | 0.62 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magna International stock for short term is SELL. 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.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna International in short term and SELL 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
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 53.67 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magna International stock for short term is SELL. 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.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna International in short term and SELL 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
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 53.67 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.