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Stock Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Magna International, Inc. (NYSE:MGA)
Strong Downtrend (-100) - MGA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MGA continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGA
The long-term trend has been DOWN since Mar 14th, 2024 at 52.605
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 51.900
The short-term trend has been DOWN since Apr 25th, 2024 at 48.405
Smart Scan Analysis for MGA
Based on our trend formula, MGA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.630 | 48.330 | 47.350 | 47.635 | -0.165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.800 | 1327960 | 2024-05-01 15:59:46 |
| Year High | 67.47 | Year High Date | 2018-05-21 |
| Year Low | 45.73 | Year Low Date | 2018-10-19 |
| 52wk High | 65.27 | 52wk High Date | 2023-08-04 |
| 52wk Low | 46.71 | 52wk Low Date | 2023-11-02 |
| Year End Close | 50.02 | Average Volume | 1,568,667 |
| Shares Outstanding | 402,264 | Short Interest | 3,775,093 |
| % Institutional | 78 | Market Cap | 16,740M |
| Assets | 322,550,000M | Liabilities | 203,710,000M |
| P/E Ratio | 11.3002 | Beta | 1.24 |
| Volatility | 37.28 |