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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Magna International, Inc. (NYSE:MGA)
Countertrend Up (+85) - MGA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 11th, 2024 at 44.39
The intermediate-term trend has been UP since Nov 11th, 2024 at 43.60
The short-term trend has been DOWN since Nov 15th, 2024 at 43.66
Smart Scan Analysis for MGA
Based on our trend formula, MGA is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.650 | 44.250 | 42.650 | 44.145 | +1.495 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.650 | 1739394 | 2024-11-21 15:59:32 |
| Year High | 67.47 | Year High Date | 2018-05-21 |
| Year Low | 45.73 | Year Low Date | 2018-10-19 |
| 52wk High | 60.32 | 52wk High Date | 2023-12-27 |
| 52wk Low | 38.01 | 52wk Low Date | 2024-08-12 |
| Year End Close | 50.02 | Average Volume | 1,756,021 |
| Shares Outstanding | 402,264 | Short Interest | 3,775,093 |
| % Institutional | 78 | Market Cap | 16,740M |
| Assets | 327,900,000M | Liabilities | 205,160,000M |
| P/E Ratio | 11.4037 | Beta | 1.24 |
| Volatility | 37.28 |