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Stock Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

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.

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NYSE_MGA
Open High Low MGA Price Change
54.6300 55.1183 52.4900 52.9200 -1.9200
Entry Signal

MarketClub’s Trade Triangles for MGA

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 74.53

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 59.96

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 56.38

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).

-90
Smart Scan Analysis for MGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.6300 55.1183 52.4900 52.9200 -1.9200
Prev. Close Volume Bid Ask Time
52.9000 1197726 2022-07-06 15:59:41
Year High67.47Year High Date2018-05-21
Year Low45.73Year Low Date2018-10-19
52wk High91.5252wk High Date2021-07-07
52wk Low52.4752wk Low Date2022-07-05
Year End Close50.02Average Volume1,146,762
Shares Outstanding402,264Short Interest3,775,093
% Institutional78Market Cap16,740M
Assets288,220,000MLiabilities171,850,000M
P/E Ratio12.5952Beta1.24
Volatility37.28
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