MG:CA
Canadian stock research

(MG) Technical Analysis and Trading Signals

Proprietary Signals for MG:CA

Stock Chart for MG:CA

Chart for Magna International Inc. (MG:CA)

Blue = Current Price
Red = Resistance
Green = Support

Trading Plans Summary

Side-by-Side Comparison
Trading PlanBiasAction / TriggerProfit TargetStop LossExecution Rule
Position Trading Strategy
Multi-Week (Position)
LONG$62.35$69.86 (+12.0%)$62.04 (−0.50%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$69.86$62.35 (−10.8%)$70.21 (+0.50%)Enter short near the entry level; cover at the target; stop loss if resistance breaks.
Position Trading StrategyLONG
Multi-Week (Position)Reward/Risk 24.2 : 1
  1. Step 1 · EnterBuy near$62.35
  2. Step 2 · Take profitSell at$69.86+12.0%
  3. Step 3 · ProtectExit if price falls below$62.04−0.50%
PlanBuy MG:CA near $62.35 · Target $69.86 · Stop $62.04
Order LevelPriceDistance from Trigger
Target (take profit at)$69.86+12.0%
Entry Zone (buy near)$62.35—
Stop Loss (exit if below)$62.04−0.50%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 24.2 : 1
Entry$62.35
Target$69.86
Stop Loss$62.04
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 21.5 : 1
  1. Step 1 · EnterSell short near$69.86
  2. Step 2 · Take profitBuy back (cover) at$62.35−10.8%
  3. Step 3 · ProtectExit if price rises above$70.21+0.50%
PlanShort MG:CA near $69.86 · Target $62.35 · Stop $70.21
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$70.21+0.50%
Trigger (short below)$69.86—
Target (cover at)$62.35−10.8%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 21.5 : 1
Entry$69.86
Target$62.35
Stop Loss$70.21

Multi-Timeframe Signal AnalysisSTRONG BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termStrong
Mid-termNeutral
Long-termStrong

Check the time stamp on this data. Updated Proprietary Signals for Magna International Inc. (MG:CA) available here (MG:CA stock signals).

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