MG:CA
Canadian stock research

(MG) Technical Patterns and Signals

April 01, 2025, 10:02 PM ET
By Canada Research Desk
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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$48.55$54.00 (+11.2%)$48.31 (−0.49%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing		SHORT / HEDGE$54.00$48.55 (−10.1%)$54.27 (+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 22.7 : 1
  1. Step 1 · EnterBuy near$48.55
  2. Step 2 · Take profitSell at$54.00+11.2%
  3. Step 3 · ProtectExit if price falls below$48.31−0.49%
PlanBuy MG:CA near $48.55 · Target $54.00 · Stop $48.31
Order LevelPriceDistance from Trigger
Target (take profit at)$54.00+11.2%
Entry Zone (buy near)$48.55—
Stop Loss (exit if below)$48.31−0.49%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 22.7 : 1
Entry$48.55
Target$54.00
Stop Loss$48.31
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 20.2 : 1
  1. Step 1 · EnterSell short near$54.00
  2. Step 2 · Take profitBuy back (cover) at$48.55−10.1%
  3. Step 3 · ProtectExit if price rises above$54.27+0.50%
PlanShort MG:CA near $54.00 · Target $48.55 · Stop $54.27
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$54.27+0.50%
Trigger (short below)$54.00—
Target (cover at)$48.55−10.1%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 20.2 : 1
Entry$54.00
Target$48.55
Stop Loss$54.27

Multi-Timeframe Signal AnalysisSTRONG BIAS

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

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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