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Stock Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Magna Intl Inc (TSE:MG)
Sidelines Mode (+55) - MG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for MG
The long-term trend has been DOWN since Oct 18th, 2023 at 70.50
The intermediate-term trend has been UP since Nov 3rd, 2023 at 74.41
The short-term trend has been DOWN since Dec 1st, 2023 at 72.52
Smart Scan Analysis for MG
Based on our trend formula, MG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 72.99 | 75.20 | 72.42 | 75.15 | +1.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 75.15 | 1249318 | 2023-12-01 16:00:00 |
| Year High | 87.125 | Year High Date | 2018-06-18 |
| Year Low | 59.93 | Year Low Date | 2018-10-19 |
| 52wk High | 87.125 | 52wk High Date | 2018-06-18 |
| 52wk Low | 59.93 | 52wk Low Date | 2018-10-19 |
| Year End Close | 49.68 | Average Volume | 1,147,945 |
| Volatility | 35.58 | Payment Date | 2019-09-06 |