(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 1201920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 49.31 | 48.77 | 49.45 | 48.41 | 5.495 times |
| 19 Fri Apr 2024 | 48.34 | 47.56 | 48.41 | 47.55 | 1.251 times |
| 18 Thu Apr 2024 | 47.85 | 48.26 | 48.26 | 47.42 | 1.583 times |
| 17 Wed Apr 2024 | 47.84 | 48.92 | 49.02 | 47.67 | 1.513 times |
| 16 Tue Apr 2024 | 48.77 | 49.15 | 49.39 | 48.27 | 0.978 times |
| 15 Mon Apr 2024 | 49.63 | 50.08 | 50.36 | 49.26 | 0.758 times |
| 12 Fri Apr 2024 | 49.84 | 50.75 | 50.75 | 49.82 | 0.889 times |
| 11 Thu Apr 2024 | 51.28 | 51.04 | 51.39 | 50.30 | 0.694 times |
| 10 Wed Apr 2024 | 50.65 | 51.91 | 52.15 | 50.50 | 0.751 times |
| 09 Tue Apr 2024 | 52.92 | 52.53 | 53.23 | 52.49 | 0.864 times |
Stock of Magna International (MGA) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.3 as stoploss in an intra day buy trade for a target of 51.41. However, stock will show a bearish move below 49.3.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 47.42 |
| Downside Target | 48.41 |
| Upside Target | 49.45 |
| Upside Target | 51.69 |
| Upside Target | 53.31 |
| Upside Target | 54.36 |
| Upside Target | 54.98 |
| Upside Target | 56.12 |
| 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 | 48.66 |
| Downside Intraday Target | 48.02 |
| Upside Intraday Target | 49.7 |
| Upside Intraday Target | 50.1 |
| Downside Intraday Target | 49.06 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 49.31 | 48.77 | 49.45 | 48.41 | 0.903 times |
| 19 Fri Apr 2024 | 48.34 | 50.08 | 50.36 | 47.42 | 1.553 times |
| 12 Fri Apr 2024 | 49.84 | 52.60 | 53.26 | 49.82 | 0.546 times |
| 05 Fri Apr 2024 | 52.18 | 54.05 | 54.36 | 51.69 | 1.338 times |
| 28 Thu Mar 2024 | 54.48 | 54.01 | 54.98 | 53.31 | 1.228 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 |
| 22 Mon Apr 2024 | 49.31 | 54.05 | 54.36 | 47.42 | 1.144 times |
| 28 Thu Mar 2024 | 54.48 | 55.33 | 56.12 | 51.90 | 0.707 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 |
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 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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
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 49.31 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 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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
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 49.31 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.