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Magna International (TSE:MG)
TSX:MG
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Magna International (MG) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Magna International’s (MG) Moving Averages Convergence Divergence (MACD) indicator is 1.14, suggesting Magna International is a Sell.
Magna International’s (MG) 20-Day exponential moving average is 59.56, while Magna International’s (MG) share price is C$63.05, making it a Buy.
Magna International’s (MG) 50-Day exponential moving average is 58.07, while Magna International’s (MG) share price is C$63.05, making it a Buy.

Magna International (MG) Pivot Points

Nov 23, 2024, 12:35 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
58.01
58.42
59.05
59.46
60.09
60.50
61.13
Fibonacci
58.42
58.82
59.06
59.46
59.86
60.10
60.50
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Magna International (MG) Moving Averages

Nov 23, 2024, 12:35 AM
Period
Simple
Exponential
MA5
60.85Buy
60.78Buy
MA10
60.85Buy
60.44Buy
MA20
59.26Buy
59.56Buy
MA50
57.26Buy
58.07Buy
MA100
56.79Buy
58.20Buy
MA200
61.06Buy
61.97Sell
Magna International’s (MG) 10-Day exponential moving average is 60.44, while Magna International’s (MG) share price is C$63.05, making it a Buy.
Magna International’s (MG) 100-Day exponential moving average is 58.20, while Magna International’s (MG) share price is C$63.05, making it a Buy.
Magna International’s (MG) stock price is C$63.05 and Magna International’s (MG) 50-day simple moving average is 57.26, creating a Buy signal.
Magna International’s (MG) stock price is C$63.05 and Magna International’s (MG) 100-day simple moving average is 56.79, creating a Buy signal.
Magna International’s (MG) stock price is C$63.05 and Magna International’s (MG) 200-day simple moving average is 61.06, creating a Buy signal.

Magna International (MG) Technical Indicators

Nov 23, 2024, 12:35 AM
Name
Value
Implied Action
RSI (14)
61.60
Neutral
STOCH (9,6)
38.61
Neutral
STOCHRSI (14)
58.35
Neutral
MACD (12,26)
1.14
Sell
ADX (14)
16.57
Buy
Williams %R
-25.94
Buy
CCI (14)
65.96
Neutral
ATR (14)
1.74
-
Ultimate Oscillator
38.32
Neutral
ROC
6.44
Buy
Magna International’s (MG) Relative Strength Index (RSI) is 61.60, creating a Neutral signal.
Magna International’s (MG) Trend Strength Indicator (ADX) is 16.57, creating a Buy signal.
Magna International’s (MG) Commodity Channel Index (CCI) is 65.96, creating a Neutral signal.
Magna International’s (MG) Price Rate of Change (ROC) is 6.44, creating a Buy signal.

FAQ

Is MG a Buy, Hold, or Sell?
Based on MG’s technical indicators, MG is a Strong Buy.
    What is MG’s RSI (14)?
    MG’s RSI (14) is 61.60, which suggests MG is a Neutral.
      What is MG’s MACD?
      MG’s MACD is 1.14, which suggests MG is a Sell.
        What is MG’s 5-day moving average?
        MG’s 5-day moving average is 60.85, which suggests MG is a Buy.
          What is MG’s 20-day moving average?
          MG 20-day moving average is 59.26, which suggests MG is a Buy.
            What is MG’s 50-day moving average?
            MG’s 50-day moving average is 57.26, which suggests MG is a Buy.
              What is MG’s 200-day moving average?
              MG’s 200-day moving average is 61.06, which suggests MG is a Buy.
                What is MG’s Williams % R (14)?
                MG’s Williams % R (14) is -25.94, which suggests MG is a Buy.
                  What is MG’s CCI (14)?
                  MG’s CCI (14) is 65.96, which suggests MG is a Neutral.
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