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$64.67$71.66 (+10.8%)$64.35 (−0.49%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$71.66$64.67 (−9.75%)$72.02 (+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 21.8 : 1
  1. Step 1 · EnterBuy near$64.67
  2. Step 2 · Take profitSell at$71.66+10.8%
  3. Step 3 · ProtectExit if price falls below$64.35−0.49%
PlanBuy MG:CA near $64.67 · Target $71.66 · Stop $64.35
Order LevelPriceDistance from Trigger
Target (take profit at)$71.66+10.8%
Entry Zone (buy near)$64.67—
Stop Loss (exit if below)$64.35−0.49%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 21.8 : 1
Entry$64.67
Target$71.66
Stop Loss$64.35
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 19.4 : 1
  1. Step 1 · EnterSell short near$71.66
  2. Step 2 · Take profitBuy back (cover) at$64.67−9.75%
  3. Step 3 · ProtectExit if price rises above$72.02+0.50%
PlanShort MG:CA near $71.66 · Target $64.67 · Stop $72.02
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$72.02+0.50%
Trigger (short below)$71.66—
Target (cover at)$64.67−9.75%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 19.4 : 1
Entry$71.66
Target$64.67
Stop Loss$72.02

Multi-Timeframe Signal AnalysisSTRONG BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termStrong
Mid-termStrong
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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