(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 2024-06-21 View latest technical analysis
10 day averaged volume of Magna Electr is 3640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 457.00 | 464.00 | 464.00 | 452.20 | 0.406 times |
| 20 Thu Jun 2024 | 463.15 | 459.00 | 464.90 | 453.00 | 0.266 times |
| 19 Wed Jun 2024 | 459.00 | 462.20 | 471.00 | 458.05 | 2.46 times |
| 18 Tue Jun 2024 | 460.40 | 465.05 | 470.00 | 456.00 | 1.773 times |
| 14 Fri Jun 2024 | 453.00 | 449.95 | 454.95 | 446.15 | 0.685 times |
| 13 Thu Jun 2024 | 453.00 | 449.95 | 454.95 | 446.15 | 0.685 times |
| 12 Wed Jun 2024 | 448.45 | 441.00 | 460.95 | 440.85 | 0.813 times |
| 11 Tue Jun 2024 | 440.75 | 448.75 | 449.95 | 436.50 | 0.519 times |
| 10 Mon Jun 2024 | 448.75 | 450.00 | 452.90 | 440.05 | 1.277 times |
| 07 Fri Jun 2024 | 449.85 | 435.20 | 464.00 | 435.00 | 1.27 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 460.9 as stoploss in an intra day sell trade for a target of 453.01. However, stock will show a bullish move above 460.9.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.00 |
| Downside Target | 431.00 |
| Downside Target | 452.20 |
| Upside Target | 471.00 |
| Upside Target | 473.70 |
| Upside Target | 479.85 |
| Upside Target | 484.00 |
| Upside Target | 504.80 |
| Upside Target | 515.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 449.13 |
| Downside Intraday Target | 441.27 |
| Upside Intraday Target | 467.93 |
| Upside Intraday Target | 478.87 |
| Upside Intraday Target | 460.07 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 457.00 | 465.05 | 471.00 | 452.20 | 1.233 times |
| 14 Fri Jun 2024 | 453.00 | 450.00 | 460.95 | 436.50 | 0.902 times |
| 07 Fri Jun 2024 | 449.85 | 473.70 | 473.70 | 400.00 | 0.655 times |
| 31 Fri May 2024 | 459.90 | 459.00 | 515.00 | 441.05 | 1.809 times |
| 24 Fri May 2024 | 455.00 | 446.10 | 458.95 | 443.00 | 0.583 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 |
| 21 Fri Jun 2024 | 457.00 | 473.70 | 473.70 | 400.00 | 0.534 times |
| 31 Fri May 2024 | 459.90 | 468.35 | 515.00 | 431.55 | 1.257 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 |
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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magna Electr stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 454.25 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Magna Electr stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 454.25 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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