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Stock Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

Magna Intl Inc (TSE:MG)

Weak Downtrend (-65) - MG is showing signs of a strengthening downtrend. Monitor MG as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MG?

MarketClub looks at technical strength and momentum to determine if the timing is right for MG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_MG
Open High Low MG Price Change
60.52 60.96 59.33 59.44 -0.64
Entry Signal

MarketClub’s Trade Triangles for MG

long term up The long-term trend has been UP since Nov 11th, 2024 at 61.270

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 61.845

short term down The short-term trend has been DOWN since Dec 30th, 2024 at 59.600

Smart Scan Analysis for MG

Based on our trend formula, MG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.52 60.96 59.33 59.44 -0.64
Prev. Close Volume Bid Ask Time
60.08 326539 2025-01-02 15:59:52
Year High87.125Year High Date2018-06-18
Year Low59.93Year Low Date2018-10-19
52wk High87.12552wk High Date2018-06-18
52wk Low59.9352wk Low Date2018-10-19
Year End Close49.68Average Volume1,147,945
Volatility35.58Payment Date2019-09-06
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