(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 2024-07-29 View latest technical analysis
10 day averaged volume of Magna International is 1374013
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 43.76 | 43.53 | 44.00 | 42.94 | 1.337 times |
| 26 Fri Jul 2024 | 43.53 | 43.55 | 43.66 | 42.90 | 0.791 times |
| 25 Thu Jul 2024 | 43.23 | 42.60 | 43.98 | 42.60 | 1.235 times |
| 24 Wed Jul 2024 | 42.70 | 43.59 | 44.07 | 42.60 | 0.604 times |
| 23 Tue Jul 2024 | 43.79 | 44.20 | 44.38 | 43.70 | 1.155 times |
| 22 Mon Jul 2024 | 44.51 | 43.78 | 44.57 | 43.34 | 0.718 times |
| 19 Fri Jul 2024 | 43.64 | 44.19 | 44.99 | 43.29 | 2.011 times |
| 18 Thu Jul 2024 | 45.30 | 45.81 | 46.44 | 45.03 | 1.167 times |
| 17 Wed Jul 2024 | 45.82 | 45.28 | 45.99 | 45.03 | 0.651 times |
| 16 Tue Jul 2024 | 45.80 | 44.50 | 45.96 | 44.24 | 0.814 times |
My analysis of stock is bullish for shortterm, and stock might move up till 44.8 or till 46.1. Use a stoploss of 43.71 and if this stock hits its stoploss, then it can fall down till 42.62
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 | 43.13 |
| Downside Intraday Target | 42.51 |
| Upside Intraday Target | 44.19 |
| Upside Intraday Target | 44.63 |
| Downside Intraday Target | 43.57 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 43.76 | 43.53 | 44.00 | 42.94 | 0.297 times |
| 26 Fri Jul 2024 | 43.53 | 43.78 | 44.57 | 42.60 | 0.819 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 |
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 |
| 29 Mon Jul 2024 | 43.76 | 42.75 | 46.44 | 41.43 | 0.997 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 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 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 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 green color and prices are above the green 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 and selling is picking up 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 44.11 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 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 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 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 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 green color and prices are above the green 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 and selling is picking up 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 44.11 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.