MGA Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Magna International Inc (MGA) Moving Averages Convergence Divergence (MACD) indicator is 1.617, suggesting MGA is Strong Buy.

Magna International Inc (MGA) 20-Day simple moving average is 63.071, while Magna International Inc (MGA) share price is $68.11, making it Buy.

Magna International Inc (MGA) 60-Day simple moving average is 59.408, while Magna International Inc (MGA) share price is $68.11, making it Buy.

Technical Analysis for MGA

Technical Sentiment Analysis for Magna International Inc (MGA) As of 2026-06-02, Magna International Inc (MGA) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 11 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGA stands at 66.772, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.617, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 82.881 and the Commodity Channel Index (CCI) at 156.828 further confirm a 8.52 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MGA is trading above its 60-day moving average of $59.408 and above its 200-day long-term moving average of $53.536. Key price levels to watch include the immediate resistance at $69.392 and strong support at $58.737. A break above $69.392 could signal a bull continuation, while falling below $58.737 may test the next Fibonacci floor at $53.098.

Magna International Inc (MGA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	48.082	53.098	58.737	63.753	69.392	74.408	80.047
Fibonacci	53.098	57.169	59.683	63.753	67.824	70.338	74.408

Magna International Inc (MGA) Technical Indicators

2026-06-02

Name	Value
RSI_14	66.772
STOCHk_14_3_3	82.881
STOCHd_14_3_3	83.692
CCI_20	156.828
AO_5_34	3.82
MOM_10	8.52
MACD_12_26_9	1.617

Magna International Inc (MGA) Relative Strength Index (RSI) is 66.772, creating a Neutral signal.

Magna International Inc (MGA) Stochastic Oscillator is 82.881, creating a Sell signal.

Magna International Inc (MGA) Stochastic RSI is 83.692, creating a Sell signal.

Magna International Inc (MGA) Commodity Channel Index (CCI) is 156.828, creating a Sell signal.

Magna International Inc (MGA) Awesome Oscillator is 3.82, creating a Buy signal.

Magna International Inc (MGA) Momentum is 8.52, creating a Buy signal.

Magna International Inc (MGA) MACD is 1.617, creating a Buy signal.

Magna International Inc (MGA) Moving Average

2026-06-02

Period	Simple	Signal
MA_5	66.1	Buy
MA_10	64.375	Buy
MA_20	63.071	Buy
MA_60	59.408	Buy
MA_200	53.536	Buy
MA_250	50.933	Buy

Magna International Inc (MGA) 5-Day simple moving average is 66.1, while Magna International Inc (MGA) share price is $68.11, making it a Buy.

Magna International Inc (MGA) 10-Day simple moving average is 64.375, while Magna International Inc (MGA) share price is $68.11, making it a Buy.

Magna International Inc (MGA) 20-Day simple moving average is 63.071, while Magna International Inc (MGA) share price is $68.11, making it a Buy.

Magna International Inc (MGA) 60-Day simple moving average is 59.408, while Magna International Inc (MGA) share price is $68.11, making it a Buy.

Magna International Inc (MGA) 200-Day simple moving average is 53.536, while Magna International Inc (MGA) share price is $68.11, making it a Buy.

Magna International Inc (MGA) 250-Day simple moving average is 50.933, while Magna International Inc (MGA) share price is $68.11, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for MGA?

The overall technical consensus for Magna International Inc (MGA) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 3 sell signals.

What are the key support and resistance levels for Magna International Inc (MGA) today?

Based on pivot point calculations, Magna International Inc (MGA) has an immediate support level at 58.737 and a major resistance level at 69.392. Traders also monitor the pivot point at 63.753 to determine the intraday trend direction.

Is Magna International Inc (MGA) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Magna International Inc (MGA) is currently 66.772. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Magna International Inc (MGA)?

Magna International Inc (MGA) Moving Averages Convergence Divergence (MACD) indicator is 1.617, suggesting MGA is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Magna International Inc.

How is Magna International Inc (MGA) performing relative to its 200-day moving average?

Magna International Inc (MGA) is currently trading at $68.11, which is above its 200-day simple moving average of 53.536. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.