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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 2024-07-23 View latest technical analysis

10 day averaged volume of Magna International is 1391358

Date Daily Closing Price Open High Low Volume
23 Tue Jul 2024 43.79 44.20 44.38 43.70 1.141 times
22 Mon Jul 2024 44.51 43.78 44.57 43.34 0.709 times
19 Fri Jul 2024 43.64 44.19 44.99 43.29 1.986 times
18 Thu Jul 2024 45.30 45.81 46.44 45.03 1.152 times
17 Wed Jul 2024 45.82 45.28 45.99 45.03 0.643 times
16 Tue Jul 2024 45.80 44.50 45.96 44.24 0.804 times
15 Mon Jul 2024 44.45 44.27 45.12 43.89 0.844 times
12 Fri Jul 2024 44.45 44.67 44.96 44.38 0.774 times
11 Thu Jul 2024 44.55 44.10 44.68 43.97 0.757 times
10 Wed Jul 2024 43.60 42.63 43.67 42.52 1.415 times

My analysis of stock is bullish for shortterm, and stock might move up till 44.7 or till 46.4. Use a stoploss of 43.38 and if this stock hits its stoploss, then it can fall down till 42.01

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 40.83
Upside Target 44.96
Upside Target 45.52
Upside Target 46.44
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 43.23
Downside Intraday Target 42.67
Upside Intraday Target 44.46
Upside Intraday Target 45.13
Upside Intraday Target 43.9

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
23 Tue Jul 2024 43.79 43.78 44.57 43.34 0.341 times
19 Fri Jul 2024 43.64 44.27 46.44 43.29 1.236 times
12 Fri Jul 2024 44.45 42.52 44.96 42.14 4.349 times
05 Fri Jul 2024 42.27 42.74 42.81 42.25 0.438 times
03 Wed Jul 2024 42.53 42.75 42.87 41.43 0.505 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
23 Tue Jul 2024 43.79 42.75 46.44 41.43 0.79 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 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 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 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 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 and the buy 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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Magna International in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 44.4 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. 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.

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 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 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 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 and the buy 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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Magna International in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 44.4 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. 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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