(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 2024-11-05 View latest technical analysis
10 day averaged volume of Magna International is 1675240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 42.58 | 42.21 | 42.72 | 41.72 | 1.294 times |
| 04 Mon Nov 2024 | 42.14 | 42.39 | 42.70 | 41.88 | 1.027 times |
| 01 Fri Nov 2024 | 41.97 | 42.10 | 43.10 | 41.31 | 1.723 times |
| 31 Thu Oct 2024 | 39.47 | 41.25 | 41.29 | 39.40 | 1.949 times |
| 30 Wed Oct 2024 | 41.31 | 41.14 | 41.81 | 41.00 | 0.527 times |
| 29 Tue Oct 2024 | 41.61 | 42.20 | 42.27 | 41.18 | 0.59 times |
| 28 Mon Oct 2024 | 42.96 | 42.22 | 43.00 | 42.00 | 0.452 times |
| 25 Fri Oct 2024 | 41.98 | 42.57 | 42.59 | 41.83 | 0.932 times |
| 24 Thu Oct 2024 | 42.11 | 42.71 | 43.08 | 41.46 | 0.91 times |
| 23 Wed Oct 2024 | 42.08 | 41.69 | 42.18 | 41.40 | 1.091 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 42.6 as stoploss in an intra day sell trade for a target of 41.79. However, stock will show a bullish move above 42.6.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Downside Target | 39.40 |
| Upside Target | 42.72 |
| 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 | 41.96 |
| Downside Intraday Target | 41.34 |
| Upside Intraday Target | 42.96 |
| Upside Intraday Target | 43.34 |
| Downside Intraday Target | 42.34 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 42.58 | 42.39 | 42.72 | 41.72 | 0.443 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 |
| 05 Tue Nov 2024 | 42.58 | 42.10 | 43.10 | 41.31 | 0.23 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Magna International in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 negative zone. This is the SELL 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 41.61 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Magna International in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 negative zone. This is the SELL 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 41.61 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.