Technical Analysis for MG - Magna International Inc.
Grade | Last Price | % Change | Price Change |
---|---|---|---|
D | 56.230 | 0.36% | 0.200 |
MG closed up 0.36 percent on Wednesday, September 18, 2024, on 75 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Down | Down | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
50 DMA Resistance | Bearish | 0.00% | |
Shooting Star Candlestick | Bearish | 0.00% | |
Doji - Bearish? | Reversal | 0.00% | |
Crossed Above 20 DMA | Bullish | 0.36% | |
MACD Bullish Signal Line Cross | Bullish | 0.36% | |
Gapped Up | Strength | 0.36% | |
Gapped Up | Strength | 2.89% | |
Up 3 Days in a Row | Strength | 2.89% | |
NR7 | Range Contraction | 5.04% | |
Oversold Stochastic | Weakness | 5.04% |
Alert | Time |
---|---|
Up 1 ATR | about 15 hours ago |
50 DMA Resistance | about 15 hours ago |
Up 2% | about 15 hours ago |
Rose Above Previous Day's High | about 16 hours ago |
Up 1% | about 16 hours ago |
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Basic chart:
- Earnings date: 2024-11-01
Magna International Inc. (Magna) is an automotive supplier. The Company's segments are North America, Europe, Asia, Rest of World, and Corporate and Other. Its product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure, and roof systems and modules, as well as vehicle engineering and contract manufacturing. The Company has over 290 manufacturing operations and over 80 product development, engineering and sales centers in approximately 30 countries. The Company's operating unit, Cosma International, is an automotive supplier that provides a range of body, chassis and engineering solutions. The Company produces a range of body-in-white solutions
Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Manufacturing S&P/Tsx 60 Index Engineering Vehicle Train Aurora Automotive Industry Contract Manufacturing Bse Sensex Manufacturing Operations Product Development Automotive Supplier
Classification
Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Manufacturing S&P/Tsx 60 Index Engineering Vehicle Train Aurora Automotive Industry Contract Manufacturing Bse Sensex Manufacturing Operations Product Development Automotive Supplier
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 78.7089 |
52 Week Low | 51.79 |
Average Volume | 1,490,014 |
200-Day Moving Average | 65.966 |
50-Day Moving Average | 57.047 |
20-Day Moving Average | 55.414 |
10-Day Moving Average | 54.283 |
Average True Range | 1.417 |
RSI (14) | 53.49 |
ADX | 20.9 |
+DI | 27.705 |
-DI | 22.849 |
Chandelier Exit (Long, 3 ATRs) | 54.010 |
Chandelier Exit (Short, 3 ATRs) | 56.040 |
Upper Bollinger Bands | 58.334 |
Lower Bollinger Band | 52.494 |
Percent B (%b) | 0.64 |
BandWidth | 10.538 |
MACD Line | -0.495 |
MACD Signal Line | -0.726 |
MACD Histogram | 0.2318 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 58.915 | ||||
Resistance 3 (R3) | 59.020 | 58.230 | 58.468 | ||
Resistance 2 (R2) | 58.230 | 57.546 | 58.178 | 58.318 | |
Resistance 1 (R1) | 57.230 | 57.124 | 57.730 | 57.125 | 58.169 |
Pivot Point | 56.440 | 56.440 | 56.690 | 56.388 | 56.440 |
Support 1 (S1) | 55.440 | 55.756 | 55.940 | 55.335 | 54.291 |
Support 2 (S2) | 54.650 | 55.334 | 54.598 | 54.142 | |
Support 3 (S3) | 53.650 | 54.650 | 53.993 | ||
Support 4 (S4) | 53.545 |