(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 2024-04-08 View latest technical analysis
10 day averaged volume of Magna International is 1575700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 52.52 | 52.60 | 53.26 | 52.42 | 0.548 times |
| 05 Fri Apr 2024 | 52.18 | 51.85 | 52.31 | 51.69 | 1.18 times |
| 04 Thu Apr 2024 | 52.30 | 53.29 | 53.53 | 52.14 | 1.141 times |
| 03 Wed Apr 2024 | 52.56 | 52.31 | 52.71 | 52.02 | 0.824 times |
| 02 Tue Apr 2024 | 52.72 | 52.67 | 53.07 | 52.11 | 1.342 times |
| 01 Mon Apr 2024 | 53.33 | 54.05 | 54.36 | 53.04 | 0.982 times |
| 28 Thu Mar 2024 | 54.48 | 54.53 | 54.82 | 54.26 | 0.562 times |
| 27 Wed Mar 2024 | 54.54 | 53.83 | 54.54 | 53.43 | 1.299 times |
| 26 Tue Mar 2024 | 53.51 | 53.64 | 54.08 | 53.37 | 0.874 times |
| 25 Mon Mar 2024 | 53.58 | 54.01 | 54.98 | 53.31 | 1.351 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 52.4 as stoploss in an intra day buy trade for a target of 53.43. However, stock will show a bearish move below 52.4.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 51.69 |
| Upside Target | 54.36 |
| Upside Target | 54.46 |
| 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 | 52.21 |
| Downside Intraday Target | 51.89 |
| Upside Intraday Target | 53.05 |
| Upside Intraday Target | 53.57 |
| Upside Intraday Target | 52.73 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 52.52 | 52.60 | 53.26 | 52.42 | 0.1 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 |
| 22 Fri Mar 2024 | 54.82 | 52.84 | 56.12 | 52.31 | 1.026 times |
| 15 Fri Mar 2024 | 52.52 | 53.88 | 54.46 | 51.90 | 0.933 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 |
| 08 Mon Apr 2024 | 52.52 | 54.05 | 54.36 | 51.69 | 0.398 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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak 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 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 BUY signal in short term but buying is losing 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 53.16 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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak 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 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 BUY signal in short term but buying is losing 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 53.16 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.