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Stock Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Magna International, Inc. (NYSE:MGA)

Long-Term Downtrend (-90) - MGA is in a strong downtrend that is likely to continue. While MGA is showing intraday strength, it remains in the confines of a bearish trend. 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.

Open High Low MGA Price Change
50.76 51.26 50.48 50.94 +0.26
Entry Signal

MarketClub’s Trade Triangles for MGA

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 53.30

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 53.30

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 50.49

Smart Scan Analysis for MGA

Based on our trend formula, MGA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.76 51.26 50.48 50.94 +0.26
Prev. Close Volume Bid Ask Time
50.94 1045085 2023-03-28 15:59:58
Year High67.47Year High Date2018-05-21
Year Low45.73Year Low Date2018-10-19
52wk High68.9252wk High Date2023-02-02
52wk Low45.5852wk Low Date2022-10-13
Year End Close50.02Average Volume999,732
Shares Outstanding402,264Short Interest3,775,093
% Institutional78Market Cap16,740M
P/E Ratio24.9655Beta1.24
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