(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 2024-07-02 View latest technical analysis
10 day averaged volume of Magna International is 1284460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 42.46 | 41.48 | 42.84 | 41.48 | 1.21 times |
| 01 Mon Jul 2024 | 41.55 | 42.75 | 42.87 | 41.43 | 0.948 times |
| 28 Fri Jun 2024 | 41.90 | 41.82 | 42.01 | 41.48 | 0.705 times |
| 27 Thu Jun 2024 | 41.55 | 41.60 | 41.88 | 41.40 | 0.947 times |
| 26 Wed Jun 2024 | 41.57 | 41.27 | 41.63 | 40.83 | 1.195 times |
| 25 Tue Jun 2024 | 41.69 | 42.55 | 42.56 | 41.65 | 1.098 times |
| 24 Mon Jun 2024 | 42.59 | 42.42 | 43.32 | 42.40 | 1.003 times |
| 21 Fri Jun 2024 | 42.22 | 41.91 | 42.43 | 41.83 | 0.987 times |
| 20 Thu Jun 2024 | 41.99 | 42.24 | 42.47 | 41.82 | 0.832 times |
| 18 Tue Jun 2024 | 42.35 | 42.90 | 43.19 | 42.14 | 1.142 times |
My analysis of stock is bearish for shortterm, and stock might move down till 41.8 or till 40.7. Use a stoploss of 42.62 and if the stock hits stoploss, then it can shoot up till 43.48
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 40.83 |
| Upside Target | 42.87 |
| Upside Target | 43.32 |
| Upside Target | 43.96 |
| Upside Target | 44.39 |
| Upside Target | 45.52 |
| Upside Target | 47.42 |
| Upside Target | 48.64 |
| Upside Target | 51.90 |
| Upside Target | 54.36 |
| Upside Target | 56.12 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 41.64 |
| Downside Intraday Target | 40.81 |
| Upside Intraday Target | 43.08 |
| Upside Intraday Target | 43.69 |
| Downside Intraday Target | 42.25 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 42.46 | 42.75 | 42.87 | 41.43 | 0.436 times |
| 28 Fri Jun 2024 | 41.90 | 42.42 | 43.32 | 40.83 | 1.671 times |
| 21 Fri Jun 2024 | 42.22 | 42.90 | 43.19 | 41.82 | 1.536 times |
| 18 Tue Jun 2024 | 42.35 | 42.11 | 43.19 | 41.81 | 0.372 times |
| 14 Fri Jun 2024 | 42.19 | 43.33 | 44.39 | 41.21 | 0.936 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 |
| 02 Tue Jul 2024 | 42.46 | 42.75 | 42.87 | 41.43 | 0.105 times |
| 28 Fri Jun 2024 | 41.90 | 45.35 | 45.52 | 40.83 | 0.438 times |
| 31 Fri May 2024 | 45.21 | 47.69 | 48.64 | 43.96 | 1.72 times |
| 30 Tue Apr 2024 | 47.80 | 54.05 | 54.36 | 47.42 | 1.472 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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
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 42 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magna International in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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
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 42 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.