(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 2024-10-04 View latest technical analysis
10 day averaged volume of Magna International is 1427740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 41.08 | 40.94 | 41.15 | 40.73 | 0.742 times |
| 03 Thu Oct 2024 | 40.37 | 40.54 | 40.71 | 39.83 | 0.908 times |
| 02 Wed Oct 2024 | 41.29 | 40.98 | 41.65 | 40.97 | 0.636 times |
| 01 Tue Oct 2024 | 40.97 | 40.99 | 41.25 | 40.45 | 0.866 times |
| 30 Mon Sep 2024 | 41.04 | 41.62 | 42.28 | 40.67 | 1.055 times |
| 27 Fri Sep 2024 | 42.73 | 42.89 | 43.54 | 42.56 | 0.976 times |
| 26 Thu Sep 2024 | 42.20 | 41.27 | 42.56 | 40.99 | 1.263 times |
| 25 Wed Sep 2024 | 40.35 | 42.13 | 42.25 | 40.21 | 1.27 times |
| 24 Tue Sep 2024 | 42.79 | 42.59 | 42.90 | 42.44 | 0.678 times |
| 23 Mon Sep 2024 | 42.17 | 42.09 | 42.62 | 41.84 | 0.858 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.1 or till 43.5. Use a stoploss of 40.97 and if this stock hits its stoploss, then it can fall down till 39.8
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Downside Target | 39.05 |
| Upside Target | 41.65 |
| Upside Target | 41.91 |
| Upside Target | 42.28 |
| Upside Target | 42.88 |
| Upside Target | 43.54 |
| Upside Target | 44.39 |
| Upside Target | 45.52 |
| Upside Target | 46.44 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 39.85 |
| Downside Intraday Target | 38.61 |
| Upside Intraday Target | 42.3 |
| Upside Intraday Target | 43.51 |
| Downside Intraday Target | 41.06 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 41.08 | 41.62 | 42.28 | 39.83 | 0.834 times |
| 27 Fri Sep 2024 | 42.73 | 42.09 | 43.54 | 40.21 | 0.874 times |
| 20 Fri Sep 2024 | 42.00 | 40.42 | 42.88 | 39.78 | 1.222 times |
| 13 Fri Sep 2024 | 40.20 | 39.43 | 40.42 | 38.05 | 0.992 times |
| 06 Fri Sep 2024 | 39.36 | 41.58 | 41.91 | 39.05 | 4.895 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 |
| 04 Fri Oct 2024 | 41.08 | 40.99 | 41.65 | 39.83 | 0.148 times |
| 30 Mon Sep 2024 | 41.04 | 41.58 | 43.54 | 38.05 | 0.68 times |
| 30 Fri Aug 2024 | 42.03 | 43.90 | 44.39 | 38.01 | 1.474 times |
| 31 Wed Jul 2024 | 44.37 | 42.75 | 46.44 | 41.43 | 1.153 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
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 but selling 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 41.46 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
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 but selling 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 41.46 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.