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Is MGA likely to continue higher? New 52 Week High shows up after advancing 1.3%

SwingTradeBot Nightly Stock Scan: Magna International, Inc. (MGA) — Technical Patterns & Alerts · Sep 17, 2025, 17:53 ET
MGA posted a 1.3% gain on Wednesday, September 17th, accompanied by 1.0× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 46.11, 45.46 & 44.75, with resistance at 47.47, 48.18 & 48.83.

Current SwingTradeBot Technical Rating of MGA: B

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Magna International Inc. (MGA)