(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 2024-09-18 View latest technical analysis
10 day averaged volume of Magna International is 1381335
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 41.30 | 41.33 | 42.40 | 40.93 | 0.894 times |
| 17 Tue Sep 2024 | 41.20 | 40.43 | 41.58 | 40.37 | 0.889 times |
| 16 Mon Sep 2024 | 40.14 | 40.42 | 40.43 | 39.78 | 1.257 times |
| 13 Fri Sep 2024 | 40.20 | 39.81 | 40.42 | 39.81 | 0.903 times |
| 12 Thu Sep 2024 | 39.42 | 39.30 | 39.49 | 38.89 | 0.905 times |
| 11 Wed Sep 2024 | 39.28 | 38.67 | 39.38 | 38.19 | 0.974 times |
| 10 Tue Sep 2024 | 38.66 | 39.01 | 39.06 | 38.05 | 1.288 times |
| 09 Mon Sep 2024 | 39.71 | 39.43 | 40.00 | 39.32 | 0.81 times |
| 06 Fri Sep 2024 | 39.36 | 40.58 | 40.70 | 39.05 | 1.039 times |
| 05 Thu Sep 2024 | 40.50 | 41.09 | 41.73 | 40.16 | 0.91 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.1 or till 43.6. Use a stoploss of 40.94 and if this stock hits its stoploss, then it can fall down till 39.75
Share price targets for Magna International (MGA)
| Target Type | Value |
| Downside Target | 38.01 |
| Downside Target | 39.05 |
| Upside Target | 42.05 |
| Upside Target | 42.40 |
| 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 | 39.92 |
| Downside Intraday Target | 38.54 |
| Upside Intraday Target | 42.54 |
| Upside Intraday Target | 43.78 |
| Downside Intraday Target | 41.16 |
Weekly technical analysis of Magna International (MGA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 41.30 | 40.42 | 42.40 | 39.78 | 0.623 times |
| 13 Fri Sep 2024 | 40.20 | 39.43 | 40.42 | 38.05 | 0.992 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 |
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 |
| 18 Wed Sep 2024 | 41.30 | 41.58 | 42.40 | 38.05 | 0.395 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 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 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 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 BUY. 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 39.92 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 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 positive
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 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 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 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 BUY. 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 39.92 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.