(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 2024-02-21 View latest technical analysis
10 day averaged volume of Magna International is 1561280
Date | Daily Closing Price | Open | High | Low | Volume |
21 Wed Feb 2024 | 54.40 | 54.26 | 54.62 | 53.79 | 2.464 times |
20 Tue Feb 2024 | 54.28 | 54.64 | 54.90 | 53.64 | 0.691 times |
16 Fri Feb 2024 | 54.94 | 55.44 | 55.57 | 54.47 | 0.475 times |
15 Thu Feb 2024 | 55.62 | 54.59 | 55.73 | 54.55 | 0.639 times |
14 Wed Feb 2024 | 54.13 | 54.58 | 55.06 | 54.07 | 1.28 times |
13 Tue Feb 2024 | 53.88 | 53.79 | 54.24 | 53.22 | 1.069 times |
12 Mon Feb 2024 | 55.63 | 54.16 | 55.73 | 53.93 | 1.044 times |
09 Fri Feb 2024 | 54.69 | 56.00 | 56.67 | 53.70 | 2.439 times |
08 Thu Feb 2024 | 58.68 | 58.82 | 58.85 | 57.64 | 1.029 times |
07 Wed Feb 2024 | 58.53 | 58.85 | 59.37 | 58.04 | 0.698 times |
Stock of Magna International (MGA) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.6, but if it comes above 54.6, then a intra day buy could be more profitable.
If you take a sell trade below 54.6, then use 54.6 as stoploss and 52.8 as target. However if you take a buy trade in stock , then use 54.6 as stoploss and 56.05 as target.
Share price targets for Magna International (MGA)
Target Type | Value |
Downside Target | 46.71 |
Downside Target | 52.61 |
Upside 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 | 53.73 |
Downside Intraday Target | 53.05 |
Upside Intraday Target | 54.99 |
Upside Intraday Target | 55.57 |
Downside Intraday Target | 54.31 |
Weekly technical analysis of Magna International (MGA)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Wed Feb 2024 | 54.40 | 54.64 | 54.90 | 53.64 | 0.7 times |
16 Fri Feb 2024 | 54.94 | 54.16 | 55.73 | 53.22 | 0.787 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 |
Price has moved down 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 |
21 Wed Feb 2024 | 54.40 | 57.35 | 59.37 | 53.22 | 1.054 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term and the sell signal is strong.
Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Magna International in short term and SELL 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
Although the stock is in the BUY zone, but buying 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 55.19 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna International in short term and the sell signal is strong.
Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Magna International in short term and SELL 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
Although the stock is in the BUY zone, but buying 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 55.19 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.