MAGNA INTERNATIONAL INC (MGA)
CA5592224011 - Common Stock
Taking everything into account, MGA scores 0 out of 10 in our technical rating. MGA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than MGA.
MGA is part of the Automobile Components industry. There are 43 other stocks in this industry, of which 71% are performing better than MGA.
MGA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month MGA has a been trading in the 41.21 - 48.00 range, which is quite wide. It is currently trading near the lows of this range.
MGA has an average volume of 2058560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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
41.77
65.95
We can see 8 important resistance areas.
- A resistance zone ranging from 43.70 to 43.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @45.93 from a trend line in the daily time frame.
- A resistance zone ranging from 47.11 to 48.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.99 from a trend line in the weekly time frame.
- Resistance @56.16 from a horizontal line in the daily time frame.
- Resistance @58.12 from a trend line in the weekly time frame.
- Resistance @59.52 from a horizontal line in the daily time frame.
- Resistance @65.30 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.56
Mansfield-3.21
10 Day High45.52
10 Day Low41.21
20 Day High48
20 Day Low41.21
52 Week High65.27
52 Week Low41.21
Performance
1 Week-3.59%
2 Weeks-6.68%
1 Month-11.99%
3 Month-19.67%
6 Month-25.54%
12 Month-25.97%
2 Year-23.15%
3 Year-54.46%
5 Year-15.11%
10 Year-21.69%
15 Year299.53%
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)-0.1
RSI(14)25.83
LBB42.19
UBB45.86
MAGNA INTERNATIONAL INC
NYSE:MGA (6/14/2024, 7:22:23 PM)
After market: 42.19 0 (0%)42.19
-0.55 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.29%
1 Week-3.59%
2 Weeks-6.68%
1 Month-11.99%
3 Month-19.67%
6 Month-25.54%
12 Month-25.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%2.18%
ATR Inc
Range Today1.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.52
10 Day Low41.21
20 Day High48
20 Day Low41.21
52 Week High65.27
52 Week Low41.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.87M
Volume Incr-48.01%
Vol(5)1.33M
Vol(50)2.06M