(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 2024-03-04 View latest technical analysis
10 day averaged volume of Magna International is 1756730
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 54.19 | 54.07 | 54.41 | 53.73 | 0.479 times |
01 Fri Mar 2024 | 54.05 | 55.33 | 55.33 | 53.72 | 0.879 times |
29 Thu Feb 2024 | 55.12 | 55.30 | 55.50 | 54.48 | 0.895 times |
28 Wed Feb 2024 | 54.85 | 54.40 | 55.04 | 54.19 | 0.454 times |
27 Tue Feb 2024 | 54.74 | 53.66 | 55.13 | 53.51 | 0.951 times |
26 Mon Feb 2024 | 53.33 | 54.10 | 54.64 | 53.01 | 0.604 times |
23 Fri Feb 2024 | 54.34 | 54.59 | 55.00 | 54.27 | 0.598 times |
22 Thu Feb 2024 | 54.64 | 54.25 | 55.02 | 54.06 | 2.392 times |
21 Wed Feb 2024 | 54.40 | 54.26 | 54.62 | 53.79 | 2.19 times |
20 Tue Feb 2024 | 54.28 | 54.64 | 54.90 | 53.64 | 0.614 times |
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 53.7 as stoploss in an intra day buy trade for a target of 55.26. However, stock will show a bearish move below 53.7.
Share price targets for Magna International (MGA)
Target Type | Value |
Downside Target | 46.71 |
Downside Target | 52.61 |
Upside Target | 55.02 |
Upside Target | 55.33 |
Upside Target | 55.50 |
Upside Target | 55.73 |
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 | 53.81 |
Downside Intraday Target | 53.43 |
Upside Intraday Target | 54.49 |
Upside Intraday Target | 54.79 |
Downside Intraday Target | 54.11 |
Weekly technical analysis of Magna International (MGA)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 54.19 | 54.07 | 54.41 | 53.73 | 0.127 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 |
16 Fri Feb 2024 | 54.94 | 54.16 | 55.73 | 53.22 | 0.787 times |
09 Fri Feb 2024 | 54.69 | 56.39 | 59.37 | 53.70 | 1.377 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 |
04 Mon Mar 2024 | 54.19 | 55.33 | 55.33 | 53.72 | 0.071 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 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 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 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Magna International stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term and the sell 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Magna International in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 54.46 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 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 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 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Magna International stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term and the sell 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Magna International in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 54.46 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.