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(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 1058250

Date Daily Closing Price Open High Low Volume
18 Mon Mar 2024 52.51 52.84 53.01 52.31 0.96 times
15 Fri Mar 2024 52.52 52.03 52.98 52.03 0.957 times
14 Thu Mar 2024 52.05 53.80 53.87 51.90 1.122 times
13 Wed Mar 2024 53.91 53.46 54.25 53.37 0.754 times
12 Tue Mar 2024 53.60 54.18 54.33 53.47 0.957 times
11 Mon Mar 2024 54.11 53.88 54.46 53.85 1.036 times
08 Fri Mar 2024 54.50 54.91 55.52 54.40 0.923 times
07 Thu Mar 2024 54.73 54.61 54.92 54.43 0.859 times
06 Wed Mar 2024 54.22 54.41 54.63 53.84 1.068 times
05 Tue Mar 2024 54.07 54.16 54.34 53.70 1.528 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 52.2, for a target of 53.2 or 54.01

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 46.71
Downside Target 51.90
Upside Target 54.46
Upside Target 55.02
Upside Target 55.50
Upside Target 55.52
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 52.21
Downside Intraday Target 51.91
Upside Intraday Target 52.91
Upside Intraday Target 53.31
Upside Intraday Target 52.61

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
18 Mon Mar 2024 52.51 52.84 53.01 52.31 0.199 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 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
18 Mon Mar 2024 52.51 55.33 55.52 51.90 0.39 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 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 short 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Magna International in short term and the sell signal is strong.

Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Magna International in short term but BUY signal is weak.

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 53.61 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 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 short 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Magna International in short term and the sell signal is strong.

Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Magna International in short term but BUY signal is weak.

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 53.61 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.

Daily charts

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

Daily chart
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