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(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 2024-08-21 View latest technical analysis

10 day averaged volume of Magna International is 2109509

Date Daily Closing Price Open High Low Volume
21 Wed Aug 2024 41.40 41.06 41.52 40.79 0.439 times
20 Tue Aug 2024 40.67 41.25 41.28 40.52 0.396 times
19 Mon Aug 2024 41.33 41.09 41.53 41.00 0.52 times
16 Fri Aug 2024 40.78 40.29 40.99 40.04 0.537 times
15 Thu Aug 2024 40.79 40.29 41.13 40.29 2.558 times
14 Wed Aug 2024 39.47 39.89 40.01 39.41 0.439 times
13 Tue Aug 2024 39.63 38.10 39.80 38.10 1.31 times
12 Mon Aug 2024 38.03 38.85 38.90 38.01 1.024 times
09 Fri Aug 2024 38.80 39.30 39.44 38.60 0.597 times
08 Thu Aug 2024 39.18 39.21 39.34 38.80 1.155 times

My analysis of stock is bullish for shortterm, and stock might move up till 42.9 or till 45.3. Use a stoploss of 40.94 and if this stock hits its stoploss, then it can fall down till 38.97

Share price targets for Magna International (MGA)

Target Type Value
Downside Target 38.01
Downside Target 39.81
Upside Target 42.60
Upside Target 43.96
Upside Target 44.39
Upside Target 44.57
Upside Target 45.16
Upside Target 45.52
Upside Target 46.44
Upside Target 47.42
Upside Target 48.64
Upside Target 54.36

Intraday share price targets for Magna International (MGA)

Target Type Value
Downside Intraday Target 40.77
Downside Intraday Target 40.14
Upside Intraday Target 41.78
Upside Intraday Target 42.16
Downside Intraday Target 41.15

Weekly technical analysis of Magna International (MGA)

Date Weekly Closing Price Open High Low Volume
21 Wed Aug 2024 41.40 41.09 41.53 40.52 0.231 times
16 Fri Aug 2024 40.78 38.85 41.13 38.01 0.906 times
09 Fri Aug 2024 38.80 39.00 39.81 38.39 1.042 times
02 Fri Aug 2024 40.43 43.53 45.16 40.11 2.12 times
26 Fri Jul 2024 43.53 43.78 44.57 42.60 0.819 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
21 Wed Aug 2024 41.40 43.90 44.39 38.01 1.185 times
31 Wed Jul 2024 44.37 42.75 46.44 41.43 1.153 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

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 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 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 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 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 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 negative zone. This is the SELL 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 39.96 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 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 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 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 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 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 negative zone. This is the SELL 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 39.96 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.

Daily charts

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