


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 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGA stands at 65.547, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.569, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 81.004 and the Commodity Channel Index (CCI) at 151.17 further confirm a 7.92 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MGA is trading above its 60-day moving average of $59.398 and above its 200-day long-term moving average of $53.533. Key price levels to watch include the immediate resistance at $69.352 and strong support at $58.697. A break above $69.352 could signal a bull continuation, while falling below $58.697 may test the next Fibonacci floor at $53.078.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 48.042 | 53.078 | 58.697 | 63.733 | 69.352 | 74.388 | 80.007 |
| Fibonacci | 53.078 | 57.149 | 59.663 | 63.733 | 67.804 | 70.318 | 74.388 |
2026-06-02
| Name | Value |
|---|---|
| RSI_14 | 65.547 |
| STOCHk_14_3_3 | 81.004 |
| STOCHd_14_3_3 | 83.066 |
| CCI_20 | 151.17 |
| AO_5_34 | 3.82 |
| MOM_10 | 7.92 |
| MACD_12_26_9 | 1.569 |
2026-06-02
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 65.98 | Buy |
| MA_10 | 64.315 | Buy |
| MA_20 | 63.041 | Buy |
| MA_60 | 59.398 | Buy |
| MA_200 | 53.533 | Buy |
| MA_250 | 50.931 | Buy |