Technical Analysis for MGA - Magna International, Inc.

Grade Last Price % Change Price Change
grade C 51.99 2.32% 1.18
MGA closed up 2.32 percent on Wednesday, February 19, 2020, on 1.65 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up
Historical MGA trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Crossed Above 200 DMA Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Fell Below 200 DMA Bearish 2.32%
Down 3 Days in a Row Weakness 2.32%
200 DMA Support Bullish 1.48%
Fell Below 20 DMA Bearish -0.17%
Crossed Above 20 DMA Bullish -1.48%
20 DMA Resistance Bearish -0.17%

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Profile

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.
Automotive Industry Industrial Products S&P/Tsx 60 Index Electronic Systems Contract Manufacturing Services Ontario Closure Systems Powertrain Systems Johnson Electric Aurora Body Systems Cargo Management Engine Electronics Overhead Systems Vision 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

Indicators

Indicator Value
52 Week High 57.09
52 Week Low 42.51
Average Volume 585,435
200-Day Moving Average 51.04
50-Day Moving Average 53.49
20-Day Moving Average 51.82
10-Day Moving Average 51.67
Average True Range 1.03
ADX 16.75
+DI 25.78
-DI 29.48
Chandelier Exit (Long, 3 ATRs ) 51.91
Chandelier Exit (Short, 3 ATRs ) 53.56
Upper Bollinger Band 53.53
Lower Bollinger Band 50.11
Percent B (%b) 0.55
BandWidth 6.60
MACD Line -0.54
MACD Signal Line -0.64
MACD Histogram 0.0948
Fundamentals Value
Market Cap 19.23 Billion
Num Shares 370 Million
EPS 5.53
Price-to-Earnings (P/E) Ratio 9.40
Price-to-Sales 0.55
Price-to-Book 1.91
PEG Ratio 0.85
Dividend 1.10
Dividend Yield 2.12%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.05
Resistance 3 (R3) 53.90 53.08 53.70
Resistance 2 (R2) 53.08 52.55 53.15 53.59
Resistance 1 (R1) 52.53 52.23 52.81 52.68 53.47
Pivot Point 51.71 51.71 51.84 51.78 51.71
Support 1 (S1) 51.16 51.18 51.44 51.31 50.51
Support 2 (S2) 50.34 50.86 50.41 50.39
Support 3 (S3) 49.79 50.34 50.28
Support 4 (S4) 49.94