(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 2024-07-19 View latest technical analysis
10 day averaged volume of Magna International is 1187290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 43.64 | 44.19 | 44.99 | 43.29 | 2.327 times |
| 18 Thu Jul 2024 | 45.30 | 45.81 | 46.44 | 45.03 | 1.35 times |
| 17 Wed Jul 2024 | 45.82 | 45.28 | 45.99 | 45.03 | 0.753 times |
| 16 Tue Jul 2024 | 45.80 | 44.50 | 45.96 | 44.24 | 0.942 times |
| 15 Mon Jul 2024 | 44.45 | 44.27 | 45.12 | 43.89 | 0.989 times |
| 12 Fri Jul 2024 | 44.45 | 44.67 | 44.96 | 44.38 | 0.907 times |
| 11 Thu Jul 2024 | 44.55 | 44.10 | 44.68 | 43.97 | 0.887 times |
| 10 Wed Jul 2024 | 43.60 | 42.63 | 43.67 | 42.52 | 1.659 times |
| 09 Tue Jul 2024 | 42.75 | 42.38 | 42.88 | 42.14 | 1.074 times |
| 08 Mon Jul 2024 | 42.56 | 42.52 | 42.79 | 42.46 | 0.622 times |
Stock of Magna International (MGA) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 44.6 or till 46.2. Use a stoploss of 43.18 and if this stock hits its stoploss, then it can fall down till 41.79
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 40.83 |
| Upside Target | 44.96 |
| Upside Target | 45.52 |
| Upside Target | 46.44 |
| Upside Target | 47.42 |
| Upside Target | 48.64 |
| Upside Target | 51.90 |
| Upside Target | 54.36 |
| Upside Target | 56.12 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 42.47 |
| Downside Intraday Target | 41.31 |
| Upside Intraday Target | 45.62 |
| Upside Intraday Target | 47.61 |
| Upside Intraday Target | 44.46 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 43.64 | 44.27 | 46.44 | 43.29 | 1.236 times |
| 12 Fri Jul 2024 | 44.45 | 42.52 | 44.96 | 42.14 | 4.349 times |
| 05 Fri Jul 2024 | 42.27 | 42.74 | 42.81 | 42.25 | 0.438 times |
| 03 Wed Jul 2024 | 42.53 | 42.75 | 42.87 | 41.43 | 0.505 times |
| 28 Fri Jun 2024 | 41.90 | 42.42 | 43.32 | 40.83 | 1.671 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 |
| 19 Fri Jul 2024 | 43.64 | 42.75 | 46.44 | 41.43 | 0.693 times |
| 28 Fri Jun 2024 | 41.90 | 45.35 | 45.52 | 40.83 | 0.438 times |
| 31 Fri May 2024 | 45.21 | 47.69 | 48.64 | 43.96 | 1.72 times |
| 30 Tue Apr 2024 | 47.80 | 54.05 | 54.36 | 47.42 | 1.472 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 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 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 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 SELL. Signal strength is Weak 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 44.21 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 SELL. Signal strength is Weak 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 44.21 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. 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.