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Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Magna International, Inc. (NYSE:MGA)
Crossroads (-60) - MGA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jul 8th, 2021 at 87.548
The intermediate-term trend has been UP since Oct 7th, 2021 at 80.640
The short-term trend has been UP since Oct 28th, 2021 at 81.170
Smart Scan Analysis for MGA
Based on our trend formula, MGA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.37 | 81.31 | 79.67 | 80.81 | +1.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 79.51 | 1192266 | 2021-10-28 15:59:55 |
| Year High | 67.47 | Year High Date | 2018-05-21 |
| Year Low | 45.73 | Year Low Date | 2018-10-19 |
| 52wk High | 104.28 | 52wk High Date | 2021-06-07 |
| 52wk Low | 49.24 | 52wk Low Date | 2020-10-29 |
| Year End Close | 50.02 | Average Volume | 1,298,697 |
| Shares Outstanding | 402,264 | Short Interest | 3,775,093 |
| % Institutional | 78 | Market Cap | 16,740M |
| Assets | 295,460,000M | Liabilities | 174,880,000M |
| P/E Ratio | 10.982 | Beta | 1.24 |
| Volatility | 37.28 |