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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 2024-10-21 View latest technical analysis

10 day averaged volume of Magna International is 1132900

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	41.85	43.23	43.42	41.77	1.29 times
18 Fri Oct 2024	43.49	43.41	44.30	43.16	1.807 times
17 Thu Oct 2024	42.28	41.56	42.41	41.35	1.51 times
16 Wed Oct 2024	41.65	41.41	41.97	41.40	0.981 times
15 Tue Oct 2024	41.03	41.12	41.61	40.82	1.189 times
14 Mon Oct 2024	41.44	41.38	41.57	40.97	0.698 times
11 Fri Oct 2024	41.40	41.15	41.93	41.15	0.743 times
10 Thu Oct 2024	41.27	40.94	41.37	40.71	0.519 times
09 Wed Oct 2024	41.24	40.35	41.45	40.30	0.712 times
08 Tue Oct 2024	40.48	40.88	41.00	40.07	1.053 times

My analysis of stock is bullish for shortterm, and stock might move up till 42.3 or till 43.3. Use a stoploss of 41.5 and if this stock hits its stoploss, then it can fall down till 40.68

Share price targets for Magna International (MGA)

Target Type	Value
Downside Target	38.01
Downside Target	39.83
Upside Target	42.28
Upside Target	43.42
Upside Target	43.54
Upside Target	44.30
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	41.27
Downside Intraday Target	40.7
Upside Intraday Target	42.92
Upside Intraday Target	44
Upside Intraday Target	42.35

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	41.85	43.23	43.42	41.77	0.208 times
18 Fri Oct 2024	43.49	41.38	44.30	40.82	1.622 times
11 Fri Oct 2024	41.40	40.79	41.93	40.07	0.719 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

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 Mon Oct 2024	41.85	40.99	44.30	39.83	0.567 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magna International in short term and the buy signal is strong.

Magna International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Magna International in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 41.82 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.