tiprankstipranks
Magna International (TSE:MG)
TSX:MG
Holding TSE:MG?
Track your performance easily

Magna International (MG) Technical Analysis

622 Followers

Summary of all the Indicators

Overall Consensus
Sell
6Bullish
2Neutral
14Bearish
Technical Analysis Consensus
Buy
5Bullish
2Neutral
3Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Magna International’s (MG) Moving Averages Convergence Divergence (MACD) indicator is 0.23, suggesting Magna International is a Buy.
Magna International’s (MG) 20-Day exponential moving average is 62.36, while Magna International’s (MG) share price is C$60.69, making it a Sell.
Magna International’s (MG) 50-Day exponential moving average is 60.84, while Magna International’s (MG) share price is C$60.69, making it a Sell.

Magna International (MG) Pivot Points

Dec 22, 2024, 03:53 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
56.67
58.61
59.60
61.54
62.53
64.47
65.46
Fibonacci
58.61
59.73
60.42
61.54
62.66
63.35
64.47
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

Dec 22, 2024, 03:53 AM
Period
Simple
Exponential
MA5
61.55Sell
61.25Sell
MA10
62.92Sell
62.18Sell
MA20
63.26Sell
62.36Sell
MA50
60.45Sell
60.84Sell
MA100
57.72Buy
59.89Sell
MA200
60.23Sell
62.24Sell
Magna International’s (MG) 10-Day exponential moving average is 62.18, while Magna International’s (MG) share price is C$60.69, making it a Sell.
Magna International’s (MG) 100-Day exponential moving average is 59.89, while Magna International’s (MG) share price is C$60.69, making it a Sell.
Magna International’s (MG) stock price is C$60.69 and Magna International’s (MG) 50-day simple moving average is 60.45, creating a Sell signal.
Magna International’s (MG) stock price is C$60.69 and Magna International’s (MG) 100-day simple moving average is 57.72, creating a Buy signal.
Magna International’s (MG) stock price is C$60.69 and Magna International’s (MG) 200-day simple moving average is 60.23, creating a Sell signal.

Magna International (MG) Technical Indicators

Dec 22, 2024, 03:53 AM
Name
Value
Implied Action
RSI (14)
37.04
Neutral
STOCH (9,6)
4.08
Buy
STOCHRSI (14)
4.08
Buy
MACD (12,26)
0.23
Buy
ADX (14)
21.99
Neutral
Williams %R
-97.77
Buy
CCI (14)
-231.18
Buy
ATR (14)
1.70
-
Ultimate Oscillator
24.45
Sell
ROC
-6.63
Sell
Magna International’s (MG) Relative Strength Index (RSI) is 37.04, creating a Neutral signal.
Magna International’s (MG) Trend Strength Indicator (ADX) is 21.99, creating a Neutral signal.
Magna International’s (MG) Commodity Channel Index (CCI) is -231.18, creating a Buy signal.
Magna International’s (MG) Price Rate of Change (ROC) is -6.63, creating a Sell 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 37.04, which suggests MG is a Neutral.
      What is MG’s MACD?
      MG’s MACD is 0.23, which suggests MG is a Buy.
        What is MG’s 5-day moving average?
        MG’s 5-day moving average is 61.55, which suggests MG is a Sell.
          What is MG’s 20-day moving average?
          MG 20-day moving average is 63.26, which suggests MG is a Sell.
            What is MG’s 50-day moving average?
            MG’s 50-day moving average is 60.45, which suggests MG is a Sell.
              What is MG’s 200-day moving average?
              MG’s 200-day moving average is 60.23, which suggests MG is a Sell.
                What is MG’s Williams % R (14)?
                MG’s Williams % R (14) is -97.77, which suggests MG is a Buy.
                  What is MG’s CCI (14)?
                  MG’s CCI (14) is -231.18, which suggests MG is a Buy.
                    What am I Missing?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis