Advertisement

Mobile Banner
Mobile Banner
Mobile Banner
Loading...

Magna International Inc.

MGANYSE
Consumer Cyclical
Auto - Parts
$63.91
$-1.01(-1.56%)
U.S. Market opens in 17h 20m

Magna International Inc. (MGA) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Magna International Inc. (NYSE:MGA).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGA Technical Analysis Summary

Magna International Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 69.44)
Trend Strength:Very Strong (ADX: 44.00)
Volatility:Medium (ATR: 2.08)
Support/Resistance:$45.02 – $68.91 (Bollinger Bands)

Overall, Magna International Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 69.44

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.15

Bearish
Overbought levels may trigger pullback.

Williams %R: -26.31

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 26.95

Strongly Bullish
Strong upside momentum.

Takeaway:Magna International Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.31

Bullish
Bullish, trend momentum is strengthening.

ADX: 44.00

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.08

Medium
Medium volatility, healthy price movement.

CCI (14): 80.69

Bullish
Bullish, momentum building upward.

Takeaway:Magna International Inc. shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$68.91
Middle Band (SMA 20)
$56.97
Lower Band
$45.02
Current Position
Within Bands

Takeaway:Magna International Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$63.39
Middle Line (EMA 20)
$59.23
Lower Channel
$55.07
Squeeze Status
No Squeeze

Takeaway:Magna International Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume29.45M
Money Flow Index67.96Bullish, inflows support continued momentum.
Relative Vigor Index42.47Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGA shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Magna International Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Magna International Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ