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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Magna Intl Inc (TSE:MG)

Sidelines Mode (-55) - MG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low MG Price Change
80.90 82.06 80.48 81.64 +0.83
Entry Signal

MarketClub’s Trade Triangles for MG

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 94.42

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 76.96

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 82.15

Smart Scan Analysis for MG

Based on our trend formula, MG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.90 82.06 80.48 81.64 +0.83
Prev. Close Volume Bid Ask Time
81.62 355208 2022-08-18 15:59:57
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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