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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.

NYSE_MGA
Open High Low MGA Price Change
80.37 81.31 79.67 80.81 +1.30
Entry Signal

MarketClub’s Trade Triangles for MGA

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 87.548

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2021 at 80.640

short term up 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).

-60
Smart Scan Analysis for MGA
Strong Downtrend Sideways 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 High67.47Year High Date2018-05-21
Year Low45.73Year Low Date2018-10-19
52wk High104.2852wk High Date2021-06-07
52wk Low49.2452wk Low Date2020-10-29
Year End Close50.02Average Volume1,298,697
Shares Outstanding402,264Short Interest3,775,093
% Institutional78Market Cap16,740M
Assets295,460,000MLiabilities174,880,000M
P/E Ratio10.982Beta1.24
Volatility37.28
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