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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.

Showing technical analysis as on 2024-07-03 View latest technical analysis

10 day averaged volume of Magna International is 1190020

Date Daily Closing Price Open High Low Volume
03 Wed Jul 2024 42.53 42.74 42.81 42.26 0.367 times
03 Wed Jul 2024 42.53 42.74 42.81 42.26 0.367 times
02 Tue Jul 2024 42.46 41.48 42.84 41.48 1.306 times
01 Mon Jul 2024 41.55 42.75 42.87 41.43 1.023 times
28 Fri Jun 2024 41.90 41.82 42.01 41.48 0.76 times
27 Thu Jun 2024 41.55 41.60 41.88 41.40 1.022 times
26 Wed Jun 2024 41.57 41.27 41.63 40.83 1.29 times
25 Tue Jun 2024 41.69 42.55 42.56 41.65 1.186 times
24 Mon Jun 2024 42.59 42.42 43.32 42.40 1.083 times
21 Fri Jun 2024 42.22 41.91 42.43 41.83 1.065 times

My analysis of stock is bullish for shortterm, and stock might move up till 43.1 or till 43.9. Use a stoploss of 42.45 and if this stock hits its stoploss, then it can fall down till 41.81

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 40.83
Upside Target 43.19
Upside Target 43.32
Upside Target 43.96
Upside Target 45.52
Upside Target 47.42
Upside Target 48.64
Upside Target 51.90
Upside Target 54.36
Upside Target 56.12

Intraday share price targets for Magna International (MGA)

Target Type Value
Downside Intraday Target 42.26
Downside Intraday Target 41.98
Upside Intraday Target 42.81
Upside Intraday Target 43.08
Upside Intraday Target 42.53

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
03 Wed Jul 2024 42.53 42.74 42.81 42.26 0.136 times
03 Wed Jul 2024 42.53 42.75 42.87 41.43 0.505 times
28 Fri Jun 2024 41.90 42.42 43.32 40.83 1.671 times
21 Fri Jun 2024 42.22 42.90 43.19 41.82 1.536 times
18 Tue Jun 2024 42.35 42.11 43.19 41.81 0.372 times

Price has moved down 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 Wed Jul 2024 42.53 42.75 42.87 41.43 0.138 times
28 Fri Jun 2024 41.90 45.35 45.52 40.83 0.438 times
31 Fri May 2024 45.21 47.69 48.64 43.96 1.72 times
30 Tue Apr 2024 47.80 54.05 54.36 47.42 1.472 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)

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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.

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

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magna International in short term

RSI is generating a BUY signal in short term but buying 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 41.99 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 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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.

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

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magna International in short term

RSI is generating a BUY signal in short term but buying 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 41.99 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 negative.

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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