Magna International Stock Momentum Indicators Average Directional Movement Index
| MG Stock | CAD 63.63 0.85 1.35% |
| Symbol |
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of Magna International and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Magna International ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
Magna International Technical Analysis Modules
Most technical analysis of Magna International help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Magna from various momentum indicators to cycle indicators. When you analyze Magna charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Magna International Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magna International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magna International based on widely used predictive technical indicators. In general, we focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magna International's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Magna International's intrinsic value. In addition to deriving basic predictive indicators for Magna International, we also check how macroeconomic factors affect Magna International price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0209 | 0.0303 | 0.0309 | Price To Sales Ratio | 0.67 | 0.43 | 0.4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magna International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magna International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magna International's short interest history, or implied volatility extrapolated from Magna International options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested few shares | |
 | Online Gaming Invested few shares | |
 | Tech Growth Invested one share | |
 | Disruptive Technologies Invested few shares | |
 | Size And Style ETFs Invested few shares | |
 | Alternative Energy Invested over 20 shares | |
 | Artificial Intelligence Invested one share | |
 | ESG Investing Invested few shares | |
 | Millennials Best Invested few shares | |
 | Momentum Invested over 200 shares |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.