(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 2024-02-12 View latest technical analysis
10 day averaged volume of Magna International is 1542950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 55.63 | 54.16 | 55.73 | 53.93 | 1.057 times |
| 09 Fri Feb 2024 | 54.69 | 56.00 | 56.67 | 53.70 | 2.468 times |
| 08 Thu Feb 2024 | 58.68 | 58.82 | 58.85 | 57.64 | 1.041 times |
| 07 Wed Feb 2024 | 58.53 | 58.85 | 59.37 | 58.04 | 0.706 times |
| 06 Tue Feb 2024 | 58.43 | 56.51 | 58.59 | 56.46 | 0.645 times |
| 05 Mon Feb 2024 | 56.73 | 56.39 | 56.97 | 56.11 | 0.933 times |
| 02 Fri Feb 2024 | 57.02 | 57.05 | 57.29 | 56.36 | 0.715 times |
| 01 Thu Feb 2024 | 57.55 | 57.35 | 57.96 | 56.64 | 0.845 times |
| 31 Wed Jan 2024 | 56.85 | 56.77 | 58.04 | 56.50 | 1.142 times |
| 30 Tue Jan 2024 | 57.00 | 56.50 | 57.24 | 56.43 | 1.019 times |
My analysis of stock is bearish for shortterm, and stock might move down till 54.7 or till 53. Use a stoploss of 56.14 and if the stock hits stoploss, then it can shoot up till 57.56
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 46.71 |
| Downside Target | 52.61 |
| Downside Target | 55.53 |
| Upside Target | 55.73 |
| Upside Target | 56.44 |
| Upside Target | 56.79 |
| Upside Target | 58.04 |
| Upside Target | 59.37 |
| Upside Target | 59.53 |
| Upside Target | 60.32 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 54.46 |
| Downside Intraday Target | 53.3 |
| Upside Intraday Target | 56.26 |
| Upside Intraday Target | 56.9 |
| Downside Intraday Target | 55.1 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 55.63 | 54.16 | 55.73 | 53.93 | 0.182 times |
| 09 Fri Feb 2024 | 54.69 | 56.39 | 59.37 | 53.70 | 1.377 times |
| 02 Fri Feb 2024 | 57.02 | 55.55 | 58.04 | 55.53 | 1.405 times |
| 26 Fri Jan 2024 | 55.73 | 54.55 | 56.79 | 54.45 | 1.118 times |
| 19 Fri Jan 2024 | 54.56 | 54.34 | 55.10 | 52.91 | 4.22 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 |
| 12 Mon Feb 2024 | 55.63 | 57.35 | 59.37 | 53.70 | 0.587 times |
| 31 Wed Jan 2024 | 56.85 | 58.50 | 59.53 | 52.91 | 1.185 times |
| 29 Fri Dec 2023 | 59.08 | 54.09 | 60.32 | 52.61 | 0.596 times |
| 30 Thu Nov 2023 | 53.91 | 48.34 | 56.44 | 46.71 | 1.605 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magna International in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 56.68 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 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magna International in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 56.68 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.