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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 2024-10-24 View latest technical analysis

10 day averaged volume of Magna International is 1306600

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	42.11	42.71	43.08	41.46	1.166 times
23 Wed Oct 2024	42.08	41.69	42.18	41.40	1.398 times
22 Tue Oct 2024	41.90	41.91	42.08	41.47	1.026 times
21 Mon Oct 2024	41.85	43.23	43.42	41.77	1.118 times
18 Fri Oct 2024	43.49	43.41	44.30	43.16	1.567 times
17 Thu Oct 2024	42.28	41.56	42.41	41.35	1.31 times
16 Wed Oct 2024	41.65	41.41	41.97	41.40	0.851 times
15 Tue Oct 2024	41.03	41.12	41.61	40.82	1.031 times
14 Mon Oct 2024	41.44	41.38	41.57	40.97	0.605 times
11 Fri Oct 2024	41.40	41.15	41.93	41.15	0.645 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 42.3 as stoploss in an intra day sell trade for a target of 41.53. However, stock will show a bullish move above 42.3.

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	41.2
Downside Intraday Target	40.29
Upside Intraday Target	43.22
Upside Intraday Target	44.33
Upside Intraday Target	42.31

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	42.11	43.23	43.42	41.40	0.878 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
24 Thu Oct 2024	42.11	40.99	44.30	39.83	0.721 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 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 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 gaining momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 42.06 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.