(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 2024-08-05 View latest technical analysis
10 day averaged volume of Magna Electr is 7282
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 477.20 | 444.00 | 488.00 | 444.00 | 1.512 times |
| 02 Fri Aug 2024 | 483.25 | 487.50 | 487.50 | 480.00 | 0.582 times |
| 01 Thu Aug 2024 | 488.85 | 490.00 | 490.00 | 481.50 | 0.789 times |
| 31 Wed Jul 2024 | 481.65 | 490.00 | 495.00 | 481.00 | 0.69 times |
| 30 Tue Jul 2024 | 490.00 | 476.85 | 492.95 | 476.85 | 0.489 times |
| 29 Mon Jul 2024 | 476.85 | 472.00 | 484.90 | 464.50 | 1.562 times |
| 26 Fri Jul 2024 | 469.70 | 484.90 | 488.95 | 461.50 | 1.382 times |
| 25 Thu Jul 2024 | 484.90 | 465.00 | 487.90 | 465.00 | 0.673 times |
| 24 Wed Jul 2024 | 468.90 | 466.80 | 470.00 | 455.55 | 1.069 times |
| 23 Tue Jul 2024 | 466.80 | 466.95 | 470.00 | 446.00 | 1.697 times |
My analysis of stock is bullish for shortterm, and stock might move up till 486 or till 497.5. Use a stoploss of 476.39 and if this stock hits its stoploss, then it can fall down till 466.81
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.00 |
| Downside Target | 431.00 |
| Downside Target | 444.00 |
| Downside Target | 462.05 |
| Downside Target | 475.00 |
| Upside Target | 488.00 |
| Upside Target | 490.00 |
| Upside Target | 494.40 |
| Upside Target | 495.00 |
| Upside Target | 504.80 |
| Upside Target | 515.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 451.47 |
| Downside Intraday Target | 425.73 |
| Upside Intraday Target | 495.47 |
| Upside Intraday Target | 513.73 |
| Downside Intraday Target | 469.73 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 477.20 | 444.00 | 488.00 | 444.00 | 0.368 times |
| 02 Fri Aug 2024 | 483.25 | 472.00 | 495.00 | 464.50 | 0.698 times |
| 26 Fri Jul 2024 | 469.70 | 468.90 | 488.95 | 446.00 | 2.109 times |
| 19 Fri Jul 2024 | 455.25 | 495.00 | 495.00 | 450.35 | 0.935 times |
| 12 Fri Jul 2024 | 492.00 | 491.00 | 494.40 | 462.05 | 0.981 times |
Price has moved down 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 |
| 05 Mon Aug 2024 | 477.20 | 490.00 | 490.00 | 444.00 | 0.165 times |
| 31 Wed Jul 2024 | 481.65 | 464.00 | 495.00 | 446.00 | 1.763 times |
| 28 Fri Jun 2024 | 462.00 | 473.70 | 475.00 | 400.00 | 0.795 times |
| 31 Fri May 2024 | 459.90 | 468.35 | 515.00 | 431.55 | 1.257 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
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 above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term and SELL signal is strong!
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 476.22 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
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 above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term and SELL signal is strong!
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 476.22 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.
Click here for Magna Electr charts
Click here for further forecast and predictions for tomorrow