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Stock Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Magna Intl Inc (TSE:MG)

Long-Term Uptrend (+90) - MG is in a strong uptrend that is likely to continue. While MG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
111.76 114.23 110.88 112.23 +1.22
Entry Signal

MarketClub’s Trade Triangles for MG

long term up The long-term trend has been UP since Oct 20th, 2020 at 71.55

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2020 at 64.96

short term up The short-term trend has been UP since Mar 8th, 2021 at 113.31

Smart Scan Analysis for MG

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

+90
Smart Scan Analysis for MG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
111.76 114.23 110.88 112.23 +1.22
Prev. Close Volume Bid Ask Time
111.01 595538 2021-03-08 15:59:47
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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