MAGNA INTERNATIONAL INC (MGA) Stock Technical Analysis
NYSE:MGA - New York Stock Exchange, Inc. - CA5592224011 - Common Stock - Currency: USD
Taking everything into account, MGA scores 1 out of 10 in our technical rating. MGA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
80% of all other stocks performed better in the past year than MGA.
MGA is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 77% are performing better than MGA.
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.
MGA has an average volume of 2170260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MGA has a been trading in the 30.39 - 35.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
32.95
44.89
5 important resistance areas can be observed.
- A resistance zone ranging from 33.98 to 34.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.71 to 35.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.10 from a trend line in the weekly time frame.
- Resistance @42.70 from a horizontal line in the daily time frame.
- Resistance @44.45 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
CRS20.77
Mansfield-1.74
10 Day High35.78
10 Day Low32.61
20 Day High35.78
20 Day Low30.39
52 Week High48.18
52 Week Low30.39
Performance
1 Week-2.89%
2 Weeks3.19%
1 Month2.49%
3 Month-13.83%
6 Month-23.32%
12 Month-29.07%
2 Year-31.18%
3 Year-48.74%
5 Year-21.1%
10 Year-42.13%
15 Year97.24%
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)0.22
RSI(14)45.53
LBB31.47
UBB35.5
33.28
+0.22 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.67%
1 Week-2.89%
2 Weeks3.19%
1 Month2.49%
3 Month-13.83%
6 Month-23.32%
12 Month-29.07%
2 Year-31.18%
3 Year-48.74%
5 Year-21.1%
10 Year-42.13%
15 Year97.24%
Volatility
ATR(14)1.06
ATR(20)%4.02%
ATR Inc130.69%
Range Today1.46
ADR(20)1.24
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.77
Mansfield-1.74
10 Day High35.78
10 Day Low32.61
20 Day High35.78
20 Day Low30.39
52 Week High48.18
52 Week Low30.39
CS1 EndN/A
CR1 Start33.98
Volume & EV
DER(3)-0.33%
DER(5)-0.96%
Volume2.80M
Volume Incr27.74%
Vol(5)2.84M
Vol(50)2.17M