Technical Analysis for MG - Magna International Inc.

Grade Last Price % Change Price Change
F 66.450 0.88% 0.580
MG closed up 0.88 percent on Friday, April 19, 2024, on 36 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 3
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Bullish Engulfing Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 0.88%
NR7 Range Contraction 0.88%
Lower Bollinger Band Walk Weakness 0.88%
Gapped Up Strength 0.88%
Down 3 Days in a Row Weakness 0.88%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 17 hours ago
Possible NR7 about 17 hours ago
Lower Bollinger Band Support about 21 hours ago
Possible NR7 1 day ago
Gap Up Closed 2 days ago

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Profile

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
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

Is MG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 84.8349
52 Week Low 63.3253
Average Volume 1,243,165
200-Day Moving Average 73.920
50-Day Moving Average 72.174
20-Day Moving Average 70.499
10-Day Moving Average 68.529
Average True Range 1.463
RSI (14) 31.97
ADX 20.92
+DI 13.803
-DI 33.738
Chandelier Exit (Long, 3 ATRs) 71.542
Chandelier Exit (Short, 3 ATRs) 69.698
Upper Bollinger Bands 75.710
Lower Bollinger Band 65.287
Percent B (%b) 0.11
BandWidth 14.785
MACD Line -1.732
MACD Signal Line -1.224
MACD Histogram -0.5082
Fundamentals Value
Market Cap 19.89 Billion
Num Shares 299 Million
EPS 1.52
Price-to-Earnings (P/E) Ratio 43.66
Price-to-Sales 0.59
Price-to-Book 1.79
PEG Ratio -0.92
Dividend 2.10
Dividend Yield 3.16%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 68.115
Resistance 3 (R3) 67.967 67.263 67.838
Resistance 2 (R2) 67.263 66.839 67.338 67.745
Resistance 1 (R1) 66.857 66.577 67.060 67.005 67.652
Pivot Point 66.153 66.153 66.255 66.228 66.153
Support 1 (S1) 65.747 65.729 65.950 65.895 65.248
Support 2 (S2) 65.043 65.467 65.118 65.155
Support 3 (S3) 64.637 65.043 65.063
Support 4 (S4) 64.785