Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-30 View latest technical analysis

10 day averaged volume of Magna International is 1432840

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	41.31	41.14	41.81	41.00	0.616 times
29 Tue Oct 2024	41.61	42.20	42.27	41.18	0.689 times
28 Mon Oct 2024	42.96	42.22	43.00	42.00	0.528 times
25 Fri Oct 2024	41.98	42.57	42.59	41.83	1.09 times
24 Thu Oct 2024	42.11	42.71	43.08	41.46	1.064 times
23 Wed Oct 2024	42.08	41.69	42.18	41.40	1.275 times
22 Tue Oct 2024	41.90	41.91	42.08	41.47	0.936 times
21 Mon Oct 2024	41.85	43.23	43.42	41.77	1.02 times
18 Fri Oct 2024	43.49	43.41	44.30	43.16	1.429 times
17 Thu Oct 2024	42.28	41.56	42.41	41.35	1.194 times

My analysis of stock is bearish for shortterm, and stock might move down till 40.9 or till 40. Use a stoploss of 41.63 and if the stock hits stoploss, then it can shoot up till 42.36

Share price targets for Magna International (MGA)

Target Type	Value
Downside Target	38.01
Downside Target	39.83
Upside Target	42.28
Upside Target	43.00
Upside Target	43.42
Upside Target	43.54
Upside Target	44.30
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	40.54
Downside Intraday Target	39.77
Upside Intraday Target	42.54
Upside Intraday Target	43.77
Upside Intraday Target	41.77

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	41.31	42.22	43.00	41.00	0.341 times
25 Fri Oct 2024	41.98	43.23	43.42	41.40	1.101 times
18 Fri Oct 2024	43.49	41.38	44.30	40.82	1.622 times
11 Fri Oct 2024	41.40	40.79	41.93	40.07	0.719 times
04 Fri Oct 2024	41.08	41.62	42.28	39.83	0.834 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
30 Wed Oct 2024	41.31	40.99	44.30	39.83	0.859 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 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 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 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 mid to longer 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.

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 but the sell signal is initial and weak.

Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 42.23 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.