MAGNA INTERNATIONAL INC (MGA)
CA5592224011 - Common Stock
Overall MGA gets a technical rating of 2 out of 10. MGA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
80% of all other stocks performed better in the past year than MGA.
MGA is part of the Automobile Components industry. There are 82 other stocks in this industry, of which 70% are performing better than MGA.
MGA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MGA has a been trading in the 41.00 - 47.22 range, which is quite wide. It is currently trading near the lows of this range.
MGA has an average volume of 1662140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of MGA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.64
46.93
3 important support areas can be observed.
- A support zone ranging from 40.35 to 40.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 38.66 to 38.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 42.70 to 43.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.24 to 44.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.30 to 46.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.12
Mansfield-1.87
10 Day High45.38
10 Day Low41
20 Day High47.22
20 Day Low41
52 Week High59.53
52 Week Low38.01
Performance
1 Week-2.57%
2 Weeks-7.2%
1 Month-8.7%
3 Month-0.73%
6 Month1.24%
12 Month-28.2%
2 Year-24.49%
3 Year-47.59%
5 Year-22.65%
10 Year-21.94%
15 Year235.47%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.42
RSI(14)42.1
LBB40.74
UBB46.98
MAGNA INTERNATIONAL INC
NYSE:MGA (12/26/2024, 1:09:46 PM)
42.49
+0.07 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.17%
1 Week-2.57%
2 Weeks-7.2%
1 Month-8.7%
3 Month-0.73%
6 Month1.24%
12 Month-28.2%
2 Year-24.49%
3 Year-47.59%
5 Year-22.65%
10 Year-21.94%
15 Year235.47%
Volatility
ATR(14)1.25
ATR(20)%2.91%
ATR Inc-38.92%
Range Today0.5
ADR(20)1.12
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.12
Mansfield-1.87
10 Day High45.38
10 Day Low41
20 Day High47.22
20 Day Low41
52 Week High59.53
52 Week Low38.01
CS1 End40.99
CR1 Start42.7
Volume & EV
DER(3)1.01%
DER(5)-1.77%
Volume249.96K
Volume Incr-27.21%
Vol(5)1.23M
Vol(50)1.66M