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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 1139780

Date Daily Closing Price Open High Low Volume
13 Tue Apr 2021 93.64 95.61 95.64 90.91 3.758 times
12 Mon Apr 2021 89.49 89.51 90.81 88.68 0.89 times
09 Fri Apr 2021 89.50 89.54 89.68 88.15 0.694 times
08 Thu Apr 2021 89.71 88.60 89.71 87.74 0.669 times
07 Wed Apr 2021 88.82 89.80 90.31 88.63 0.593 times
06 Tue Apr 2021 89.77 90.16 91.22 89.59 0.799 times
05 Mon Apr 2021 90.39 90.22 90.93 89.77 0.802 times
01 Thu Apr 2021 89.57 89.02 89.65 87.55 0.943 times
31 Wed Mar 2021 88.04 89.61 90.23 87.34 1.65 times
30 Tue Mar 2021 88.75 86.80 89.41 85.86 2.033 times

Stock of Magna International (MGA) has showed a significant upmove. This could be a good time to enter in this stock!

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 94.1, for a target of 91.6 or 89.47

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 60.64
Downside Target 68.30
Downside Target 70.85
Downside Target 75.65
Downside Target 77.59
Downside Target 82.43
Downside Target 85.70
Downside Target 87.55
Downside Target 91.22
Downside Target 92.47
Upside Target 95.38
Upside Target 95.64

Intraday share price targets for Magna International (MGA)

Target Type Value
Downside Intraday Target 89.67
Downside Intraday Target 85.69
Upside Intraday Target 96.63
Upside Intraday Target 99.61
Downside Intraday Target 92.65

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
13 Tue Apr 2021 93.64 89.51 95.64 88.68 1.306 times
09 Fri Apr 2021 89.50 90.22 91.22 87.74 0.641 times
01 Thu Apr 2021 89.57 86.70 90.23 85.70 0.797 times
26 Fri Mar 2021 86.95 91.94 92.47 83.95 1.266 times
19 Fri Mar 2021 91.81 93.00 95.38 90.48 0.956 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
13 Tue Apr 2021 93.64 89.02 95.64 87.55 0.274 times
31 Wed Mar 2021 88.04 85.63 95.38 82.43 1.181 times
26 Fri Feb 2021 84.20 71.30 87.76 70.85 1.063 times
29 Fri Jan 2021 70.25 71.62 77.59 68.30 1.065 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)

Indicator Name Indicator Value Indicator Signal
ADX 35, 14, 44 Buy
MACD 3, 3Buy
Stochastics 73Buy
CCI 249Buy
RSI 59Buy
OBV 2792300Sell
VWAP 90Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

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 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 short to mid 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 mid to longer 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.

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 and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magna International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 90.46 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
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