(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 2024-06-26 View latest technical analysis
10 day averaged volume of Magna International is 1267980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 41.57 | 41.27 | 41.63 | 40.83 | 1.211 times |
| 25 Tue Jun 2024 | 41.69 | 42.55 | 42.56 | 41.65 | 1.113 times |
| 24 Mon Jun 2024 | 42.59 | 42.42 | 43.32 | 42.40 | 1.016 times |
| 21 Fri Jun 2024 | 42.22 | 41.91 | 42.43 | 41.83 | 0.999 times |
| 20 Thu Jun 2024 | 41.99 | 42.24 | 42.47 | 41.82 | 0.843 times |
| 18 Tue Jun 2024 | 42.35 | 42.90 | 43.19 | 42.14 | 1.157 times |
| 18 Tue Jun 2024 | 42.35 | 42.90 | 43.19 | 42.14 | 1.157 times |
| 17 Mon Jun 2024 | 42.87 | 42.11 | 42.89 | 41.81 | 0.795 times |
| 14 Fri Jun 2024 | 42.19 | 42.10 | 42.29 | 41.21 | 1.473 times |
| 13 Thu Jun 2024 | 42.74 | 43.41 | 43.45 | 42.67 | 0.741 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.1, but if it comes above 42.1, then a intra day buy could be more profitable.
If you take a sell trade below 42.1, then use 42.1 as stoploss and 40.8 as target. However if you take a buy trade in stock , then use 42.1 as stoploss and 43.23 as target.
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 40.83 |
| Upside Target | 43.19 |
| Upside Target | 45.52 |
| Upside Target | 47.42 |
| Upside Target | 48.64 |
| Upside Target | 51.90 |
| Upside Target | 53.01 |
| Upside Target | 54.36 |
| Upside Target | 56.12 |
| Upside Target | 59.37 |
Intraday share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Intraday Target | 40.49 |
| Downside Intraday Target | 39.42 |
| Upside Intraday Target | 42.98 |
| Upside Intraday Target | 44.4 |
| Upside Intraday Target | 41.91 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 41.57 | 42.42 | 43.32 | 40.83 | 1.113 times |
| 21 Fri Jun 2024 | 42.22 | 42.90 | 43.19 | 41.82 | 1.536 times |
| 18 Tue Jun 2024 | 42.35 | 42.11 | 43.19 | 41.81 | 0.372 times |
| 14 Fri Jun 2024 | 42.19 | 43.33 | 44.39 | 41.21 | 0.936 times |
| 07 Fri Jun 2024 | 43.76 | 45.35 | 45.52 | 43.44 | 0.982 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 |
| 26 Wed Jun 2024 | 41.57 | 45.35 | 45.52 | 40.83 | 0.403 times |
| 31 Fri May 2024 | 45.21 | 47.69 | 48.64 | 43.96 | 1.72 times |
| 30 Tue Apr 2024 | 47.80 | 54.05 | 54.36 | 47.42 | 1.472 times |
| 28 Thu Mar 2024 | 54.48 | 55.33 | 56.12 | 51.90 | 0.707 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magna International ( (MGA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Magna International in short term but the buy signal is initial and weak.
Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but selling is losing 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 42.22 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magna International ( (MGA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Magna International in short term but the buy signal is initial and weak.
Magna International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but selling is losing 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 42.22 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.