MAGNA INTERNATIONAL INC (MGA) Technical Analysis
NYSE:MGA • CA5592224011
Current stock price
MGA Technical Rating and Analysis
Taking everything into account, MGA scores 7 out of 10 in our technical rating. MGA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Looking at the yearly performance, MGA did better than 86% of all other stocks. On top of that, MGA also shows a nice and consistent pattern of rising prices.
- MGA is part of the Automobile Components industry. There are 41 other stocks in this industry. MGA outperforms 75% of them.
- MGA has an average volume of 2075730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- MGA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MGA is lagging the market slightly.
- In the last month MGA has a been trading in the 51.45 - 61.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MGA Weekly and Daily overview Charts
MGA Setup Rating and Analysis
Besides having an excellent technical rating, MGA also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 56.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.90, a Stop Loss order could be placed below this zone.
More info and screens
MGA Support and Resistance Analysis
49.40
3 important support areas can be observed.
- Support @52.90 from a trend line in the daily time frame.
- A support zone ranging from 51.13 to 51.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.90 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.79 to 57.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MGA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MGA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGA is neutral. |
| ChartMill Relative Strength | 86.32 | POSITIVE | MGA has a high relative strength, it outperformed 86.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MGA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.07 | NEUTRAL | The RSI value for MGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests MGA has a positive trend. |
| Stochastics (14,3) | 62.56 | NEUTRAL | The Stochastics value for MGA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for MGA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.92 | NEGATIVE | The low ADX value for MGA suggests a weak or negative trend. |
MGA Chart- and CandleStick Pattern Analysis
MGA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.42 | 52.89 | 4.53 (7.89%) | 12.68% |
| An entry @57.42. This is a Buy Stop order right above the resistance zone. | An exit @52.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.53 points, which is 7.89%. | When investing 12.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MGA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MGA (4/2/2026, 12:48:00 PM)
54.85
-1.67 (-2.95%)
MAGNA INTERNATIONAL INC / MGA TA FAQ
Can you provide the ChartMill technical rating for MAGNA INTERNATIONAL INC?
ChartMill assigns a technical rating of 7 / 10 to MGA.
What is the trend direction for MGA stock?
The current trend direction for MAGNA INTERNATIONAL INC (MGA) is Bearish.
Can you provide the RSI signal for MAGNA INTERNATIONAL INC?
MAGNA INTERNATIONAL INC (MGA) has an RSI value of 50.0727. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAGNA INTERNATIONAL INC?
The MACD indicator for MAGNA INTERNATIONAL INC (MGA) has a value of 0.114909, indicating a bearish trend.
What is the short term momentum for MGA stock?
The short term momentum for MAGNA INTERNATIONAL INC (MGA) is neutral.