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Magna International (TSE:MG)
TSX:MG

Magna International (MG) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
4Bullish
6Neutral
12Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Magna International’s (MG) Moving Averages Convergence Divergence (MACD) indicator is 0.43, suggesting Magna International is a Sell.
Magna International’s (MG) 20-Day exponential moving average is 59.99, while Magna International’s (MG) share price is C$59.97, making it a Sell.
Magna International’s (MG) 50-Day exponential moving average is 61.14, while Magna International’s (MG) share price is C$59.97, making it a Sell.

Magna International (MG) Pivot Points

Jul 22, 2024, 12:02 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
59.53
60.64
61.38
62.49
63.23
64.34
65.08
Fibonacci
60.64
61.35
61.78
62.49
63.20
63.63
64.34
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Magna International (MG) Moving Averages

Jul 22, 2024, 12:02 PM
Period
Simple
Exponential
MA5
61.65Sell
61.14Sell
MA10
60.53Sell
60.62Sell
MA20
59.09Buy
59.99Sell
MA50
60.46Sell
61.14Sell
MA100
65.33Sell
64.17Sell
MA200
69.29Sell
68.12Sell
Magna International’s (MG) 10-Day exponential moving average is 60.62, while Magna International’s (MG) share price is C$59.97, making it a Sell.
Magna International’s (MG) 100-Day exponential moving average is 64.17, while Magna International’s (MG) share price is C$59.97, making it a Sell.
Magna International’s (MG) stock price is C$59.97 and Magna International’s (MG) 50-day simple moving average is 60.46, creating a Sell signal.
Magna International’s (MG) stock price is C$59.97 and Magna International’s (MG) 100-day simple moving average is 65.33, creating a Sell signal.
Magna International’s (MG) stock price is C$59.97 and Magna International’s (MG) 200-day simple moving average is 69.29, creating a Sell signal.

Magna International (MG) Technical Indicators

Jul 22, 2024, 12:02 PM
Name
Value
Implied Action
RSI (14)
49.78
Neutral
STOCH (9,6)
70.61
Neutral
STOCHRSI (14)
73.31
Neutral
MACD (12,26)
0.43
Sell
ADX (14)
20.40
Neutral
Williams %R
-54.42
Buy
CCI (14)
55.51
Neutral
ATR (14)
1.36
-
Ultimate Oscillator
53.36
Neutral
ROC
4.59
Buy
Magna International’s (MG) Relative Strength Index (RSI) is 49.78, creating a Neutral signal.
Magna International’s (MG) Trend Strength Indicator (ADX) is 20.40, creating a Neutral signal.
Magna International’s (MG) Commodity Channel Index (CCI) is 55.51, creating a Neutral signal.
Magna International’s (MG) Price Rate of Change (ROC) is 4.59, creating a Buy signal.

FAQ

Is MG a Buy, Hold, or Sell?
Based on MG’s technical indicators, MG is a Sell.
    What is MG’s RSI (14)?
    MG’s RSI (14) is 49.78, which suggests MG is a Neutral.
      What is MG’s MACD?
      MG’s MACD is 0.43, which suggests MG is a Sell.
        What is MG’s 5-day moving average?
        MG’s 5-day moving average is 61.65, which suggests MG is a Sell.
          What is MG’s 20-day moving average?
          MG 20-day moving average is 59.09, which suggests MG is a Buy.
            What is MG’s 50-day moving average?
            MG’s 50-day moving average is 60.46, which suggests MG is a Sell.
              What is MG’s 200-day moving average?
              MG’s 200-day moving average is 69.29, which suggests MG is a Sell.
                What is MG’s Williams % R (14)?
                MG’s Williams % R (14) is -54.42, which suggests MG is a Buy.
                  What is MG’s CCI (14)?
                  MG’s CCI (14) is 55.51, which suggests MG is a Neutral.
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