(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 2024-09-10 View latest technical analysis
10 day averaged volume of Magna International is 1352886
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 38.66 | 39.01 | 39.06 | 38.05 | 1.315 times |
| 09 Mon Sep 2024 | 39.71 | 39.43 | 40.00 | 39.32 | 0.827 times |
| 06 Fri Sep 2024 | 39.36 | 40.58 | 40.70 | 39.05 | 1.061 times |
| 05 Thu Sep 2024 | 40.50 | 41.09 | 41.73 | 40.16 | 0.929 times |
| 04 Wed Sep 2024 | 41.58 | 40.89 | 41.91 | 40.82 | 1.046 times |
| 03 Tue Sep 2024 | 40.96 | 41.58 | 41.84 | 40.81 | 1.985 times |
| 30 Fri Aug 2024 | 42.03 | 41.86 | 42.05 | 41.45 | 1.026 times |
| 30 Fri Aug 2024 | 42.03 | 41.86 | 42.06 | 41.45 | 1.038 times |
| 29 Thu Aug 2024 | 41.69 | 42.16 | 42.47 | 41.64 | 0.893 times |
| 28 Wed Aug 2024 | 41.82 | 42.26 | 42.59 | 41.60 | 0.688 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 38.7, for a target of 40 or 41.08
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Upside Target | 39.05 |
| Upside Target | 40.00 |
| Upside Target | 42.05 |
| Upside Target | 43.09 |
| Upside Target | 43.25 |
| Upside Target | 43.96 |
| Upside Target | 44.39 |
| Upside Target | 45.52 |
| Upside Target | 46.44 |
| Upside Target | 48.64 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 37.81 |
| Downside Intraday Target | 36.95 |
| Upside Intraday Target | 39.76 |
| Upside Intraday Target | 40.85 |
| Upside Intraday Target | 38.9 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 38.66 | 39.43 | 40.00 | 38.05 | 0.427 times |
| 06 Fri Sep 2024 | 39.36 | 41.58 | 41.91 | 39.05 | 4.895 times |
| 30 Fri Aug 2024 | 42.03 | 41.86 | 42.05 | 41.45 | 0.259 times |
| 30 Fri Aug 2024 | 42.03 | 42.82 | 43.25 | 41.45 | 1.091 times |
| 23 Fri Aug 2024 | 42.56 | 41.09 | 43.09 | 40.52 | 0.396 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 |
| 10 Tue Sep 2024 | 38.66 | 41.58 | 41.91 | 38.05 | 0.216 times |
| 30 Fri Aug 2024 | 42.03 | 43.90 | 44.39 | 38.01 | 1.474 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 |
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 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 short 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 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
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 40.77 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 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 short 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 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
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 40.77 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.