Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

Magna Intl Inc (TSE:MG)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

TSE_MG
Open High Low MG Price Change
61.70 63.58 61.30 63.23 +0.50
Entry Signal

MarketClub’s Trade Triangles for MG

long term down The long term trend has been DOWN since May 9th, 2019 at 63.18

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 61.07

short term up The short term trend has been UP since Jul 12th, 2019 at 61.86

Smart Scan Analysis for MG

Based on a pre-defined weighted trend formula for chart analysis, MG scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.70 63.58 61.30 63.23 +0.50
Prev. Close Volume Bid Ask Time
60.15 1043505 2019-07-16 15:59:53
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
Volatility35.58
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