(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 1270850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 66.81 | 66.02 | 67.53 | 65.74 | 0.9 times |
| 02 Thu Feb 2023 | 67.37 | 67.60 | 68.92 | 66.90 | 0.968 times |
| 01 Wed Feb 2023 | 67.68 | 65.35 | 67.96 | 64.95 | 1.051 times |
| 31 Tue Jan 2023 | 64.94 | 64.25 | 65.09 | 63.73 | 0.642 times |
| 30 Mon Jan 2023 | 63.44 | 62.79 | 64.31 | 62.60 | 1.024 times |
| 27 Fri Jan 2023 | 63.89 | 62.62 | 64.27 | 62.50 | 0.893 times |
| 26 Thu Jan 2023 | 62.05 | 62.01 | 62.22 | 61.07 | 0.682 times |
| 25 Wed Jan 2023 | 61.14 | 59.14 | 61.26 | 58.72 | 1.137 times |
| 24 Tue Jan 2023 | 60.74 | 62.97 | 62.97 | 59.16 | 2.719 times |
| 23 Mon Jan 2023 | 65.46 | 64.47 | 65.51 | 64.08 | 0.397 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.8, but if it comes below 65.8, then a intra day sell could be more profitable.
If you take a sell trade below 65.8, then use 65.8 as stoploss and 63.79 as target. However if you take a buy trade in stock , then use 65.8 as stoploss and 68.2 as target.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 45.58 |
| Downside Target | 53.21 |
| Downside Target | 56.32 |
| Downside Target | 58.72 |
| Downside Target | 60.01 |
| Downside Target | 62.35 |
| Downside Target | 64.31 |
| Downside Target | 64.95 |
| Downside Target | 65.51 |
| Downside Target | 65.99 |
| Upside Target | 68.92 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 63.3 |
| Downside Intraday Target | 59.79 |
| Upside Intraday Target | 69.62 |
| Upside Intraday Target | 72.43 |
| Downside Intraday Target | 66.11 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 66.81 | 62.79 | 68.92 | 62.60 | 0.787 times |
| 27 Fri Jan 2023 | 63.89 | 64.47 | 65.51 | 58.72 | 2.445 times |
| 20 Fri Jan 2023 | 63.88 | 63.82 | 65.99 | 62.35 | 4.333 times |
| 13 Fri Jan 2023 | 64.07 | 63.03 | 64.34 | 62.88 | 0.156 times |
| 13 Fri Jan 2023 | 64.08 | 61.37 | 64.34 | 60.01 | 1.271 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 |
| 03 Fri Feb 2023 | 66.81 | 65.35 | 68.92 | 64.95 | 0.174 times |
| 31 Tue Jan 2023 | 64.94 | 57.02 | 65.99 | 56.91 | 0.857 times |
| 30 Fri Dec 2022 | 56.18 | 61.94 | 62.74 | 53.86 | 0.979 times |
| 30 Wed Nov 2022 | 61.59 | 56.98 | 64.31 | 53.21 | 1.138 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 | 39, 21, 31 | Buy |
| MACD | 3, 3 | Buy |
| Stochastics | 87 | Buy |
| CCI | 83 | Sell |
| RSI | 55 | Buy |
| OBV | 1780392 | Sell |
| VWAP | 64 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna International in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 63.69 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
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