Magna International Inc
Technical Breakout · detected 2026-05-21 18:31 · Consumer Cyclical · Auto Parts
Risk : Reward
1 : 7.2
Likelihood
8%
Historical win rate of this setup typeRisk multiplier
1.00×
Normal sizingScore
83
Time to reward
2–6 months
Estimated holding period for reward realizationExpected R
-0.36R
From 518 closed setups · bucket: type:1|regime:BullTrade levels
Entry61.80
Stop59.69
Risk / share2.11
Target 1 (3R)68.13
Target 2 (5R)72.35
Target 3 (10R)76.93
Rationale
Entry rule
Prior close + $0.10 breakout buffer
Stop rule
min(price - 1 ATR, SMA20)
Sector
Consumer Cyclical
Industry
Auto Parts
Rsi14
53.46
Sma20
61.64
Sma50
58.59
Sma200
52.74
Atr14
2.01
Relative strength rank
60
6-month performance
29.49
1-year performance
73.27
Volume signature
Up / down volume ratio0.89
Up days23
Down days27
Recent pocket pivot✗ No
Multi-timeframe alignment
Daily above sma50✓ Yes
Weekly above sma10✓ Yes
Daily + weekly aligned✓ Yes
Gann confluence
In zoneLayer applied (+score)
In zone
Layer applied (+score)
Current zone score 10 · reaction rate 99% · 770 clusters tracked · bars used 1256
| Date | Price | Score | Price levels | Time levels |
|---|---|---|---|---|
| 2022-04-01 | 61.42 | 2.93 | 18 | 4 |
| 2022-05-25 | 61.42 | 2.35 | 18 | 2 |
| 2025-06-27 | 61.42 | 2.35 | 18 | 2 |
| 2026-03-13 | 61.42 | 2.93 | 18 | 4 |
| 2026-04-02 | 61.42 | 3.14 | 18 | 5 |
| 2026-05-05 | 61.42 | 3.53 | 18 | 5 |
| 2026-05-15 | 61.42 | 3.11 | 18 | 4 |
| 2026-05-22 | 61.42 | 3.29 | 18 | 5 |
| 2026-06-08 | 61.42 | 3.59 | 18 | 7 |
| 2026-06-17 | 61.42 | 4.31 | 18 | 8 |