Bullish Two Hundred Day Moving Average Cross – MGA

In trading on Wednesday, shares of Magna International Inc (Symbol: MGA) crossed above their 200 day moving average of $86.28, changing hands as high as $86.83 per share. Magna International Inc shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of MGA shares, versus its 200 day moving average:

Looking at the chart above, MGA’s low point in its 52 week range is $69.275 per share, with $104.28 as the 52 week high point — that compares with a last trade of $86.89.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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