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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 2024-10-09 View latest technical analysis

10 day averaged volume of Magna International is 1310160

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	41.24	40.35	41.45	40.30	0.615 times
08 Tue Oct 2024	40.48	40.88	41.00	40.07	0.91 times
07 Mon Oct 2024	40.99	40.79	41.15	40.61	0.681 times
04 Fri Oct 2024	41.08	40.94	41.15	40.73	0.809 times
03 Thu Oct 2024	40.37	40.54	40.71	39.83	0.989 times
02 Wed Oct 2024	41.29	40.98	41.65	40.97	0.693 times
01 Tue Oct 2024	40.97	40.99	41.25	40.45	0.943 times
30 Mon Sep 2024	41.04	41.62	42.28	40.67	1.15 times
27 Fri Sep 2024	42.73	42.89	43.54	42.56	1.063 times
26 Thu Sep 2024	42.20	41.27	42.56	40.99	1.377 times

My analysis of stock is bullish for shortterm, and stock might move up till 42.1 or till 43.2. Use a stoploss of 41.22 and if this stock hits its stoploss, then it can fall down till 40.31

Share price targets for Magna International (MGA)

Target Type	Value
Downside Target	38.01
Downside Target	39.78
Upside Target	41.45
Upside Target	41.65
Upside Target	42.28
Upside Target	42.88
Upside Target	43.54
Upside Target	44.39
Upside Target	45.52
Upside Target	46.44

Intraday share price targets for Magna International (MGA)

Target Type	Value
Downside Intraday Target	40.39
Downside Intraday Target	39.54
Upside Intraday Target	41.77
Upside Intraday Target	42.3
Downside Intraday Target	40.92

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	41.24	40.79	41.45	40.07	0.481 times
04 Fri Oct 2024	41.08	41.62	42.28	39.83	0.834 times
27 Fri Sep 2024	42.73	42.09	43.54	40.21	0.874 times
20 Fri Sep 2024	42.00	40.42	42.88	39.78	1.222 times
13 Fri Sep 2024	40.20	39.43	40.42	38.05	0.992 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
09 Wed Oct 2024	41.24	40.99	41.65	39.83	0.242 times
30 Mon Sep 2024	41.04	41.58	43.54	38.05	0.68 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

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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Magna International in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 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 41.31 and Magna International (MGA) stock is trading below this level. This means that stock is falling with high volumes. 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.