(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 2024-11-04 View latest technical analysis
10 day averaged volume of Magna International is 1649220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 42.14 | 42.39 | 42.70 | 41.88 | 1.044 times |
| 01 Fri Nov 2024 | 41.97 | 42.10 | 43.10 | 41.31 | 1.75 times |
| 31 Thu Oct 2024 | 39.47 | 41.25 | 41.29 | 39.40 | 1.98 times |
| 30 Wed Oct 2024 | 41.31 | 41.14 | 41.81 | 41.00 | 0.535 times |
| 29 Tue Oct 2024 | 41.61 | 42.20 | 42.27 | 41.18 | 0.599 times |
| 28 Mon Oct 2024 | 42.96 | 42.22 | 43.00 | 42.00 | 0.459 times |
| 25 Fri Oct 2024 | 41.98 | 42.57 | 42.59 | 41.83 | 0.947 times |
| 24 Thu Oct 2024 | 42.11 | 42.71 | 43.08 | 41.46 | 0.924 times |
| 23 Wed Oct 2024 | 42.08 | 41.69 | 42.18 | 41.40 | 1.108 times |
| 22 Tue Oct 2024 | 41.90 | 41.91 | 42.08 | 41.47 | 0.813 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 42.5 as stoploss in an intra day sell trade for a target of 41.68. However, stock will show a bullish move above 42.5.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Downside Target | 39.40 |
| Upside Target | 42.70 |
| Upside Target | 43.10 |
| Upside Target | 43.42 |
| Upside Target | 43.54 |
| Upside Target | 44.30 |
| Upside Target | 44.39 |
| Upside Target | 46.44 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 41.78 |
| Downside Intraday Target | 41.42 |
| Upside Intraday Target | 42.6 |
| Upside Intraday Target | 43.06 |
| Upside Intraday Target | 42.24 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 42.14 | 42.39 | 42.70 | 41.88 | 0.196 times |
| 01 Fri Nov 2024 | 41.97 | 42.22 | 43.10 | 39.40 | 1.138 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 |
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 |
| 04 Mon Nov 2024 | 42.14 | 42.10 | 43.10 | 41.31 | 0.157 times |
| 31 Thu Oct 2024 | 39.47 | 40.99 | 44.30 | 39.40 | 0.966 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 |
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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna International ( (MGA) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Magna International stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term but the sell 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. 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 and BUY signal is strong.
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 41.51 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 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna International ( (MGA) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Magna International stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term but the sell 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. 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 and BUY signal is strong.
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 41.51 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.