MAGNA INTERNATIONAL INC (MGA) 58.07 -0.67 (-1.14%)
58.07 -0.67 (-1.14%)
CA5592224011 - Common Stock
Technical Rating
Overall MGA gets a technical rating of 6 out of 10. In the last year, MGA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MGA has an average volume of 1134470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, MGA turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
MGA is an average performer in the Auto Components industry, it outperforms 40% of 42 stocks in the same industry.
In the last month MGA has a been trading in the 55.20 - 64.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MGA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Statistics
Support/Resistance Analysis
57.49
68.09
5 important resistance areas can be observed.
- A resistance zone ranging from 58.73 to 58.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 60.29 to 60.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.75 from a trend line in the daily time frame.
- A resistance zone ranging from 64.79 to 65.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 66.64 to 67.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Setup Analysis
Setup Rating
MGA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
MAGNA INTERNATIONAL INC58.07
NYSE:MGA (12/7/2022, 2:40:09 PM)-0.67 (-1.14%)
| GICS Sector | Consumer Discretionary | ||
| GICS Industry | Auto Components | ||
| Today | -1.14% | 1 Week | -2.52% |
| 2 Weeks | -4.18% | 1 Month | 3.85% |
| 3 Month | 1.29% | 6 Month | -4.22% |
| ATR(14) | 1.41 | ATR(20)% | 3.01% |
| ATR Inc | 48.2% | Range Today | 0.88 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 43.31 | Mansfield | -0.23 |
| 10 Day High | 62.74 | 10 Day Low | 58 |
| 20 Day High | 64.31 | 20 Day Low | 55.2 |
| 52 Week High | 90.15 | 52 Week Low | 45.58 |
| CS1 End | 58.73 | CR1 Start | 60.29 |
| DER(3) | 1.9% | DER(5) | 1.47% |
| Volume | 824.19K | Volume Incr | -16.8% |
| Vol(5) | 1.02M | Vol(50) | 1.13M |
Technical Stock Screener Links
Technical Stock Screener
Find stocks with similar TA and Setup ratings on the USA
Best Technical Competitors Stock Screener
Find the competitors with the best technical ratings on the USA
Best Technical Setups Competitors Stock Screener
Find the competitors with the best technical and setup ratings on the USA