MGA technical analysis
MGA Technical Analysis
Analysis date
July 17, 2026
Market
NYSE (USD)
Daily cutoff
July 16, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
MGA Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- MGA
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 16, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 48.35 | July 16, 2026 | - | Verified |
| Finviz (independent) | 48.35 | July 16, 2026 (previous close) | 0.00% | Verified |
Bottom line
MGA Technical Analysis Summary
MGA (Magna International) shows a cautiously constructive technical setup as of mid-July 2026. On the daily chart, price at 48.35 is trading above SMA20 (46.82) and SMA50 (46.14) but remains below SMA200 (51.68), reflecting a near-term improvement within a longer-term downtrend. RSI14 at 55.42 on the daily timeframe indicates mildly bullish momentum without overbought conditions. The daily MACD has generated a modest bullish crossover, with the MACD line at 0.32 above the signal line at 0.18 and a positive histogram of 0.14. The weekly chart paints a more mixed picture — price at 48.12 is above SMA20 (46.95) but below SMA50 (49.33) and SMA200 (53.66), indicating the broader trend is still unresolved. Weekly RSI at 50.85 has crept back above the 50 midline, a neutral-to-slightly-bullish signal. Key resistance lies at 49.63 (20-day high, 60-day high) and 53.90 (52-week high). Support rests at 44.26 (20-day low) and 41.11 (52-week low). A sustained move above 49.63 would open the path toward SMA200 at 51.68, while a breakdown below 44.26 would suggest the recent recovery has failed.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 16, 2026)
- Trend
- Improving but mixed. Price at 48.35 is above SMA20 (46.82, +3.27%) and SMA50 (46.14, +4.79%) but remains below SMA200 (51.68, -6.44%). SMA20 and SMA50 have started to slope upward, suggesting short-term momentum is turning positive. However, the SMA200 continues to decline, keeping the longer-term trend in bearish territory. Price action shows a series of higher lows since the May lows around 43.00.
- Momentum
- Mildly bullish. RSI14 at 55.42 is above the 50 midline, indicating mildly bullish momentum without approaching overbought levels. MACD line at 0.32 has crossed above the signal line at 0.18, with a positive histogram of 0.14. This is a constructive but not decisive bullish crossover, suggesting improving momentum that has not yet accelerated.
- Volatility
- Moderate. ATR14 at 0.82 (1.70% of price) reflects typical daily ranges for an auto parts manufacturer. Bollinger Bands (44.96 to 49.68) show price trading in the upper half of the range, consistent with the recent upward move. Band width indicates normal volatility conditions without expansion.
- Volume
- Near average. Latest volume of 1,247,300 is 87.6% of the 20-period average (1,423,500), indicating typical participation. The recent upward move is supported by generally steady volume without signs of exhaustion.
Assessment
The daily chart shows MGA in a short-term uptrend that has reclaimed both SMA20 and SMA50 after spending several weeks below them. The bullish MACD crossover adds technical credibility to the move. However, the stock remains in a longer-term downtrend as defined by price below SMA200. The recovery from the May lows around 43.00 has been orderly with supportable volume. A close above 49.63 (20-day and 60-day high) would suggest the uptrend has room to extend toward SMA200 resistance at 51.68. A failure at current levels and a break below SMA20 (46.82) would indicate the recovery has stalled.
Weekly (July 13, 2026 week)
- Trend
- Mixed, with early improvement signs. Price at 48.12 is above SMA20 (46.95) but below SMA50 (49.33) and SMA200 (53.66). The SMA20 is flattening after a prolonged decline, while SMA50 and SMA200 continue to slope downward. The stock has been in a structural downtrend since the 2021 highs above 88.00.
- Momentum
- Neutral. RSI14 at 50.85 has crept back above the 50 midline, a marginal improvement from the oversold readings seen in late 2025 and early 2026. MACD line at -0.35 is approaching the signal line at -0.52, and the histogram at 0.17 is positive, suggesting bearish momentum is abating.
- Volatility
- Moderate. ATR14 at 1.42 (2.95% of price) is consistent with typical weekly ranges for an auto parts cyclical stock. Bollinger Bands (43.15 to 52.63) show a moderate band width with price recovering toward the middle of the range.
- Volume
- Slightly below average. Weekly volume of 5,843,500 is 91.2% of the 20-week average (6,408,700), indicating typical-to-slightly-reduced participation levels.
Assessment
The weekly chart remains in a bearish structure overall, with price below both SMA50 and SMA200. However, the recovery above SMA20 and the RSI push above 50 are the first constructive signals in months. The stock has been in a persistent downtrend, and one weekly close above SMA20 does not constitute a trend reversal. A sustained move above SMA50 (49.33) would be a more meaningful improvement. The MACD histogram turning positive is encouraging but needs confirmation through a full MACD line crossover above the signal line. The current setup is less bearish than it was in early 2026, but a confirmed trend reversal has not yet materialized.
Key indicators
MGA Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 55.42 | 50.85 |
| MACD (12, 26, 9) | 0.32 / 0.18 / 0.14 | -0.35 / -0.52 / 0.17 |
| ATR (14) | 0.82 (1.70%) | 1.42 (2.95%) |
| Bollinger Bands (20, 2) | 44.96 - 49.68 | 43.15 - 52.63 |
| SMA (20) | 46.82 | 46.95 |
| SMA (50) | 46.14 | 49.33 |
| SMA (200) | 51.68 | 53.66 |
Price structure
MGA Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 48.35 | 48.12 |
| 1-Period Return | +1.32% | +0.65% |
| 5-Period Return | +3.42% | +4.88% |
| 20-Period Return | +5.84% | +2.08% |
| 60-Period Return | -0.82% | -5.31% |
| 252-Period Return | -9.46% | -20.87% |
| 52-Week Low | 41.11 | 41.11 |
| 52-Week High | 53.90 | 53.90 |
| 52-Week Position | 55.82% | 54.77% |
Key levels
MGA Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 49.63 | 52.63 |
| 20-Period Low | 44.26 | 43.15 |
| 60-Period High | 49.63 | 53.90 |
| 60-Period Low | 41.11 | 41.11 |
Scenarios
MGA Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above 49.63 (20-day/60-day high) with increasing volume, targeting SMA200 at 51.68 and the 52-week high at 53.90.
Invalidation
Price falls back below SMA20 (46.82) and breaks the 20-day low at 44.26, suggesting the recovery has failed.
What to watch
Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI sustaining above 50; volume increasing on break attempts above 49.63.
Range-Bound
Trigger
Price oscillates between the 44.26 support and 49.63 resistance, establishing a trading range with no clear directional bias.
Invalidation
A decisive break above 49.63 or below 44.26 with above-average volume.
What to watch
RSI staying between 45 and 60; MACD histogram fluctuating around zero; volume remaining near average levels; price respecting the range boundaries.
Bearish
Trigger
Price fails to hold above SMA50 (46.14), breaks below SMA20 (46.82) and the 20-day low at 44.26, resuming the longer-term downtrend.
Invalidation
Price reclaims and holds above 46.82 (SMA20) and establishes a higher low above 44.26.
What to watch
Daily RSI falling below 50; MACD histogram turning negative; weekly MACD failing to cross above the signal line; volume increasing on breakdown days.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 13, 2026 week. Generated July 17, 2026.
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