(MagnaElectr) Magna Electr complete technical analysis [charts+indicators] | Buy/Sell Magna Electr | (MagnaElectr) share price targets
Complete technical analysis of Magna Electr (MagnaElectr) by charts plus indicators, forecast predictions and share price targets for Magna Electr (MagnaElectr)
Showing technical analysis as on 2024-05-24 View latest technical analysis
10 day averaged volume of Magna Electr is 3453
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 455.00 | 445.05 | 458.00 | 445.05 | 1.12 times |
| 23 Thu May 2024 | 452.90 | 455.00 | 458.00 | 445.55 | 0.567 times |
| 22 Wed May 2024 | 453.85 | 452.00 | 455.00 | 443.05 | 0.511 times |
| 21 Tue May 2024 | 452.95 | 446.10 | 458.95 | 443.00 | 1.727 times |
| 18 Sat May 2024 | 446.10 | 446.15 | 454.50 | 446.10 | 0.069 times |
| 17 Fri May 2024 | 446.10 | 464.95 | 464.95 | 431.55 | 2.568 times |
| 16 Thu May 2024 | 461.20 | 460.20 | 462.00 | 454.05 | 0.866 times |
| 15 Wed May 2024 | 457.35 | 455.00 | 460.15 | 443.00 | 1.348 times |
| 14 Tue May 2024 | 454.65 | 470.00 | 470.00 | 450.00 | 1.539 times |
| 13 Mon May 2024 | 445.10 | 444.00 | 458.90 | 441.00 | 0.346 times |
My analysis of stock is bearish for shortterm, and stock might move down till 448.6 or till 439.5. Use a stoploss of 456.2 and if the stock hits stoploss, then it can shoot up till 463.78
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.20 |
| Downside Target | 431.00 |
| Upside Target | 458.95 |
| Upside Target | 477.90 |
| Upside Target | 478.00 |
| Upside Target | 479.85 |
| Upside Target | 480.00 |
| Upside Target | 484.00 |
| Upside Target | 504.80 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 445.68 |
| Downside Intraday Target | 436.37 |
| Upside Intraday Target | 461.63 |
| Upside Intraday Target | 468.27 |
| Downside Intraday Target | 452.32 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 455.00 | 446.10 | 458.95 | 443.00 | 0.583 times |
| 18 Sat May 2024 | 446.10 | 444.00 | 470.00 | 431.55 | 1.122 times |
| 10 Fri May 2024 | 451.20 | 455.00 | 477.90 | 437.10 | 1.786 times |
| 03 Fri May 2024 | 453.20 | 475.00 | 480.00 | 445.15 | 0.881 times |
| 26 Fri Apr 2024 | 474.80 | 488.95 | 504.80 | 469.95 | 0.476 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Magna Electr (MagnaElectr)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 455.00 | 468.35 | 478.00 | 431.55 | 0.917 times |
| 30 Tue Apr 2024 | 468.35 | 437.90 | 504.80 | 431.00 | 0.947 times |
| 28 Thu Mar 2024 | 431.10 | 458.95 | 479.85 | 388.00 | 0.704 times |
| 29 Thu Feb 2024 | 447.05 | 479.00 | 484.00 | 400.20 | 1.071 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Magna Electr (MagnaElectr)
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magna Electr in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magna Electr is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 452.73 and Magna Electr (MagnaElectr) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Magna Electr (MagnaElectr) stock. Volume based technical analysis of Magna Electr (MagnaElectr) stock is negative.
Magna Electr Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magna Electr in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magna Electr is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 452.73 and Magna Electr (MagnaElectr) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Magna Electr (MagnaElectr) stock. Volume based technical analysis of Magna Electr (MagnaElectr) stock is negative.
Magna Electr Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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