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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.
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 MGA
The long-term trend has been DOWN since Jan 24th, 2022 at 74.53
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 59.96
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).
| 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 High | 67.47 | Year High Date | 2018-05-21 |
| Year Low | 45.73 | Year Low Date | 2018-10-19 |
| 52wk High | 91.52 | 52wk High Date | 2021-07-07 |
| 52wk Low | 52.47 | 52wk Low Date | 2022-07-05 |
| Year End Close | 50.02 | Average Volume | 1,146,762 |
| Shares Outstanding | 402,264 | Short Interest | 3,775,093 |
| % Institutional | 78 | Market Cap | 16,740M |
| Assets | 288,220,000M | Liabilities | 171,850,000M |
| P/E Ratio | 12.5952 | Beta | 1.24 |
| Volatility | 37.28 |