Mobile app version of munafa.biz
Login or Join
 Learn then Earn

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.

10 day averaged volume of Magna International is 1151500

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 67.68 65.35 67.96 64.95 1.16 times
31 Tue Jan 2023 64.94 64.25 65.09 63.73 0.709 times
30 Mon Jan 2023 63.44 62.79 64.31 62.60 1.13 times
27 Fri Jan 2023 63.89 62.62 64.27 62.50 0.986 times
26 Thu Jan 2023 62.05 62.01 62.22 61.07 0.753 times
25 Wed Jan 2023 61.14 59.14 61.26 58.72 1.255 times
24 Tue Jan 2023 60.74 62.97 62.97 59.16 3 times
23 Mon Jan 2023 65.46 64.47 65.51 64.08 0.438 times
20 Fri Jan 2023 63.88 63.52 64.38 63.10 0.537 times
19 Thu Jan 2023 63.12 63.50 63.60 62.35 0.491 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 67.4, for a target of 65.1 or 63.14

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 45.58
Downside Target 53.21
Downside Target 56.32
Downside Target 58.72
Downside Target 60.01
Downside Target 62.35
Downside Target 64.31
Downside Target 64.95
Downside Target 65.51
Downside Target 65.99
Upside Target 67.96

Intraday share price targets for Magna International (MGA)

Target Type Value
Downside Intraday Target 64.2
Downside Intraday Target 60.72
Upside Intraday Target 69.56
Upside Intraday Target 71.44
Downside Intraday Target 66.08

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 67.68 62.79 67.96 62.60 0.466 times
27 Fri Jan 2023 63.89 64.47 65.51 58.72 2.445 times
20 Fri Jan 2023 63.88 63.82 65.99 62.35 5.316 times
13 Fri Jan 2023 64.08 63.03 64.34 62.88 0.123 times
13 Fri Jan 2023 64.07 61.37 64.34 60.01 1.308 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
01 Wed Feb 2023 67.68 65.35 67.96 64.95 0.063 times
31 Tue Jan 2023 64.94 57.02 65.99 56.91 0.857 times
30 Fri Dec 2022 56.18 61.94 62.74 53.86 0.979 times
30 Wed Nov 2022 61.59 56.98 64.31 53.21 1.138 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)

Indicator Name Indicator Value Indicator Signal
ADX 42, 18, 39 Buy
MACD 3, 2Buy
Stochastics 82Buy
CCI 163Buy
RSI 50Buy
OBV 7879507Sell
VWAP 63Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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 Strong 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 moving up

CCI has generated a buy signal for Magna International in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 63 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.

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme