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$68.05$73.39 (+7.85%)$67.71 (−0.50%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing
SHORT / HEDGE$73.39$68.05 (−7.28%)$73.76 (+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 15.7 : 1
  1. Step 1 · EnterBuy near$68.05
  2. Step 2 · Take profitSell at$73.39+7.85%
  3. Step 3 · ProtectExit if price falls below$67.71−0.50%
PlanBuy MG:CA near $68.05 · Target $73.39 · Stop $67.71
Order LevelPriceDistance from Trigger
Target (take profit at)$73.39+7.85%
Entry Zone (buy near)$68.05—
Stop Loss (exit if below)$67.71−0.50%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 15.7 : 1
Entry$68.05
Target$73.39
Stop Loss$67.71
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 14.4 : 1
  1. Step 1 · EnterSell short near$73.39
  2. Step 2 · Take profitBuy back (cover) at$68.05−7.28%
  3. Step 3 · ProtectExit if price rises above$73.76+0.50%
PlanShort MG:CA near $73.39 · Target $68.05 · Stop $73.76
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$73.76+0.50%
Trigger (short below)$73.39—
Target (cover at)$68.05−7.28%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 14.4 : 1
Entry$73.39
Target$68.05
Stop Loss$73.76

Multi-Timeframe Signal AnalysisWEAK BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termWeak
Mid-termWeak
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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