Technical Analysis for MGA - Magna International, Inc.

Grade Last Price % Change Price Change
B 61.47 -2.02% -1.27
MGA closed down 2.02 percent on Friday, May 20, 2022, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
20 DMA Support Bullish 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
50 DMA Support Bullish -2.02%
Stochastic Reached Overbought Strength -2.02%
Overbought Stochastic Strength -2.02%
50 DMA Support Bullish -0.10%

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Alert Time
Down 1 ATR about 14 hours ago
Fell Below 20 DMA about 15 hours ago
20 DMA Support about 15 hours ago
Down 3% about 16 hours ago
Outside Day about 16 hours ago

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Magna International, Inc. Description

Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Its products include automotive interior systems, including sidewall and trim, cargo management, cockpit, and overhead systems; seating systems, such as complete seating systems, seat structures and mechanisms, and foam and trip products; and closure systems comprising door modules, power closure systems, window systems, latching systems, driver controls, electronic features, lighting systems, sealing systems, engineered glass, and handle assemblies. The company also offers body and chassis systems, which include body and chassis systems, engineering and tooling, and renewable energy structures; vision systems that comprise interior and exterior mirrors, actuators, and electronic vision systems; and electronic systems, such as driver assistance and safety systems, engine electronics and sensors, body systems and human-machine interfaces, intelligent power systems, hybrid and electric vehicle components/systems, and industrial products. In addition, it provides exterior systems, including front and rear fascia systems, class A composite panels, structural components, sealing systems, modular systems, under hood and underbody components, exterior trims, and sheet molding compound materials. Further the company offers powertrain systems, such as driveline and fluid pressure systems, and metal-forming solutions; and engineering services and system integration. Additionally, it provides roof systems comprising retractable hard and soft tops, and sliding folding and modular roofs, as well as vehicle engineering and assembly, and contract manufacturing services. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.


Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Electric Vehicle Engineering Services Industrial Products Automotive Industry S&P/Tsx 60 Index Power Systems Actuator Chassis Tooling Mirrors Powertrain Vision Systems Contract Manufacturing Electronic Systems Roof Closure Systems Contract Manufacturing Services Safety Systems Trip Products Automotive Systems Cargo Management Powertrain Systems Seating Systems Body Systems Johnson Electric Engine Electronics Overhead Systems Window Systems

Is MGA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 104.28
52 Week Low 54.6
Average Volume 1,380,011
200-Day Moving Average 75.25
50-Day Moving Average 61.56
20-Day Moving Average 60.40
10-Day Moving Average 59.77
Average True Range 2.72
RSI 50.98
ADX 14.02
+DI 24.00
-DI 17.06
Chandelier Exit (Long, 3 ATRs) 58.64
Chandelier Exit (Short, 3 ATRs) 63.36
Upper Bollinger Bands 64.38
Lower Bollinger Band 56.42
Percent B (%b) 0.63
BandWidth 13.18
MACD Line -0.29
MACD Signal Line -0.78
MACD Histogram 0.4867
Fundamentals Value
Market Cap 18.4 Billion
Num Shares 299 Million
EPS 1.52
Price-to-Earnings (P/E) Ratio 40.39
Price-to-Sales 0.59
Price-to-Book 1.81
PEG Ratio 0.85
Dividend 1.60
Dividend Yield 2.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 67.62
Resistance 3 (R3) 67.84 66.02 66.60
Resistance 2 (R2) 66.02 64.45 65.91 66.25
Resistance 1 (R1) 63.74 63.48 62.83 63.52 65.91
Pivot Point 61.92 61.92 61.46 61.81 61.92
Support 1 (S1) 59.64 60.35 58.73 59.42 57.03
Support 2 (S2) 57.82 59.38 57.71 56.69
Support 3 (S3) 55.54 57.82 56.35
Support 4 (S4) 55.32