Technical Analysis for MGA - Magna International, Inc.

Grade Last Price % Change Price Change
C 43.90 0.65% 0.29
MGA closed up 0.65 percent on Friday, November 15, 2024, on 75 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Bearish Engulfing Bearish 0.65%
Upper Bollinger Band Walk Strength 0.65%
Overbought Stochastic Strength 0.65%
Upper Bollinger Band Touch Strength 0.65%
Stochastic Sell Signal Bearish 0.43%
Pocket Pivot Bullish Swing Setup 0.43%
Volume Surge Other 0.43%

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Profile

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.


Classification

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 Powertrain Mirrors Contract Manufacturing Contract Manufacturing Services Electronic Systems Vision Systems Closure Systems Roof Safety Systems Automotive Systems Powertrain Systems Seating Systems Body Systems Cargo Management 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

Indicators

Indicator Value
52 Week High 57.8688
52 Week Low 37.1627
Average Volume 1,507,150
200-Day Moving Average 44.83
50-Day Moving Average 41.28
20-Day Moving Average 42.13
10-Day Moving Average 42.99
Average True Range 1.15
RSI (14) 61.54
ADX 14.93
+DI 26.46
-DI 15.91
Chandelier Exit (Long, 3 ATRs) 40.99
Chandelier Exit (Short, 3 ATRs) 42.41
Upper Bollinger Bands 44.54
Lower Bollinger Band 39.72
Percent B (%b) 0.87
BandWidth 11.45
MACD Line 0.71
MACD Signal Line 0.49
MACD Histogram 0.2196
Fundamentals Value
Market Cap 12.58 Billion
Num Shares 287 Million
EPS 3.62
Price-to-Earnings (P/E) Ratio 12.13
Price-to-Sales 0.39
Price-to-Book 1.38
PEG Ratio 0.44
Dividend 1.86
Dividend Yield 4.24%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.95
Resistance 3 (R3) 44.86 44.42 44.78
Resistance 2 (R2) 44.42 44.15 44.47 44.72
Resistance 1 (R1) 44.16 43.99 44.29 44.25 44.66
Pivot Point 43.72 43.72 43.79 43.77 43.72
Support 1 (S1) 43.46 43.45 43.59 43.55 43.14
Support 2 (S2) 43.02 43.29 43.07 43.08
Support 3 (S3) 42.76 43.02 43.03
Support 4 (S4) 42.85