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MAGNA INTERNATION (MG-A.TO) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 24 Mar 2017NoneDojiThu, 23 Mar 2017-4.55%
***Stock database and scans are updated around midnight (Toronto time) every trading day.
0.00 (0%) Dec 31 7:00pm EST
Open: N/A Range: N/A Vol: 0K Avg Vol: 0K
EPS: 4.98 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "MG-A.TO" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 0.22
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 0.24
Last Trade is below the 50 day moving average at 0.25
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 0.17
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of MG-A.TO

Stock Trend Analysis - Buy, Sell or Hold "MAGNA INTERNATION" (MG-A.TO)?

MG-A.TO is in a very strong uptrend. In the last 52 weeks, MG-A.TO has been trading above the 200 day moving average for 83% of the time with an average daily volume of 0K shares being traded. The 50 day moving average, currently at 0.25, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is in a trading range and is generally bucking the trend with a bearish bias. MG-A.TO was only able to maintain above the 20 SMA for 37.5% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. A good area for traders who are considering taking a long position in MG-A.TO is near the 200 SMA currently at 0.17. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "MG-A.TO".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 24 Mar 2017

News on "MG-A.TO" Stock

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