(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 2024-11-06 View latest technical analysis
10 day averaged volume of Magna International is 1757970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 42.12 | 42.93 | 43.02 | 41.55 | 1.16 times |
| 05 Tue Nov 2024 | 42.58 | 42.21 | 42.72 | 41.72 | 1.233 times |
| 04 Mon Nov 2024 | 42.14 | 42.39 | 42.70 | 41.88 | 0.979 times |
| 01 Fri Nov 2024 | 41.97 | 42.10 | 43.10 | 41.31 | 1.642 times |
| 31 Thu Oct 2024 | 39.47 | 41.25 | 41.29 | 39.40 | 1.857 times |
| 30 Wed Oct 2024 | 41.31 | 41.14 | 41.81 | 41.00 | 0.502 times |
| 29 Tue Oct 2024 | 41.61 | 42.20 | 42.27 | 41.18 | 0.562 times |
| 28 Mon Oct 2024 | 42.96 | 42.22 | 43.00 | 42.00 | 0.43 times |
| 25 Fri Oct 2024 | 41.98 | 42.57 | 42.59 | 41.83 | 0.888 times |
| 24 Thu Oct 2024 | 42.11 | 42.71 | 43.08 | 41.46 | 0.867 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.6 or till 43.6. Use a stoploss of 41.83 and if this stock hits its stoploss, then it can fall down till 41.04
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Downside Target | 39.40 |
| Upside Target | 43.02 |
| 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 | 41.44 |
| Downside Intraday Target | 40.76 |
| Upside Intraday Target | 42.91 |
| Upside Intraday Target | 43.7 |
| Upside Intraday Target | 42.23 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 42.12 | 42.39 | 43.02 | 41.55 | 0.675 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 |
| 06 Wed Nov 2024 | 42.12 | 42.10 | 43.10 | 41.31 | 0.299 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 coming down
CCI has generated a SELL signal for Magna International in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 41.62 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 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 coming down
CCI has generated a SELL signal for Magna International in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 41.62 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.