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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.

10 day averaged volume of Magna International is 1299290

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	41.56	41.28	41.69	41.16	1.302 times
24 Fri Jan 2025	41.17	41.00	41.33	40.95	1.845 times
23 Thu Jan 2025	40.20	40.10	40.40	39.97	0.896 times
22 Wed Jan 2025	40.03	40.99	40.99	39.96	1.072 times
21 Tue Jan 2025	40.81	40.32	40.87	40.11	1.064 times
17 Fri Jan 2025	40.35	40.86	41.18	40.32	0.838 times
17 Fri Jan 2025	40.35	40.86	41.18	40.32	0.838 times
16 Thu Jan 2025	40.57	40.91	40.99	40.36	0.807 times
15 Wed Jan 2025	40.96	41.25	41.62	40.60	0.92 times
14 Tue Jan 2025	40.42	40.76	41.02	40.02	0.657 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.5, but if it comes below 41.5, then a intra day sell could be more profitable.
If you take a sell trade below 41.5, then use 41.5 as stoploss and 40.84 as target. However if you take a buy trade in stock , then use 41.5 as stoploss and 42.3 as target.

Share price targets for Magna International (MGA)

Target Type	Value
Downside Target	38.05
Downside Target	38.97
Downside Target	41.31
Downside Target	41.33
Upside Target	41.62
Upside Target	41.69
Upside Target	42.66
Upside Target	43.54
Upside Target	44.30
Upside Target	47.00
Upside Target	47.22

Intraday share price targets for Magna International (MGA)

Target Type	Value
Downside Intraday Target	41.25
Downside Intraday Target	40.94
Upside Intraday Target	41.78
Upside Intraday Target	42
Downside Intraday Target	41.47

Weekly technical analysis of Magna International (MGA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	41.56	41.28	41.69	41.16	0.267 times
24 Fri Jan 2025	41.17	40.32	41.33	39.96	5.817 times
17 Fri Jan 2025	40.35	40.86	41.18	40.32	0.196 times
17 Fri Jan 2025	40.35	39.35	41.62	39.21	1.712 times
10 Fri Jan 2025	39.53	41.25	41.26	38.97	0.975 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
27 Mon Jan 2025	41.56	42.00	42.66	38.97	1.192 times
31 Tue Dec 2024	41.79	45.36	47.22	41.00	0.515 times
26 Tue Nov 2024	44.04	42.10	47.00	41.31	1.261 times
31 Thu Oct 2024	39.47	40.99	44.30	39.40	0.966 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Magna International ( (MGA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magna International ( (MGA) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 BUY signal in short term but buying is losing 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 40.73 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 negative.

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