(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 2024-08-19 View latest technical analysis
10 day averaged volume of Magna Electr is 26862
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 777.80 | 780.00 | 786.00 | 755.00 | 0.295 times |
| 16 Fri Aug 2024 | 766.15 | 749.00 | 774.90 | 706.05 | 0.264 times |
| 14 Wed Aug 2024 | 727.75 | 765.00 | 769.00 | 719.00 | 0.528 times |
| 13 Tue Aug 2024 | 746.20 | 760.00 | 809.85 | 726.00 | 0.848 times |
| 12 Mon Aug 2024 | 743.60 | 714.95 | 769.45 | 670.00 | 2.199 times |
| 09 Fri Aug 2024 | 709.45 | 695.00 | 722.85 | 660.30 | 4.446 times |
| 08 Thu Aug 2024 | 602.40 | 602.40 | 602.40 | 602.40 | 0.47 times |
| 07 Wed Aug 2024 | 502.00 | 492.90 | 510.70 | 486.00 | 0.415 times |
| 06 Tue Aug 2024 | 475.25 | 476.00 | 490.00 | 470.00 | 0.263 times |
| 05 Mon Aug 2024 | 477.20 | 444.00 | 488.00 | 444.00 | 0.41 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 686.8, but if it comes below 686.8, then a intra day sell could be more profitable.
If you take a sell trade below 686.8, then use 686.8 as stoploss and 564.95 as target. However if you take a buy trade in stock , then use 686.8 as stoploss and 833.1 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.00 |
| Downside Target | 431.00 |
| Downside Target | 444.00 |
| Downside Target | 464.50 |
| Downside Target | 475.00 |
| Downside Target | 488.95 |
| Downside Target | 515.00 |
| Downside Target | 670.00 |
| Downside Target | 722.85 |
| Downside Target | 755.00 |
| Upside Target | 786.00 |
| Upside Target | 809.85 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 759.87 |
| Downside Intraday Target | 741.93 |
| Upside Intraday Target | 790.87 |
| Upside Intraday Target | 803.93 |
| Downside Intraday Target | 772.93 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 777.80 | 780.00 | 786.00 | 755.00 | 0.077 times |
| 16 Fri Aug 2024 | 766.15 | 714.95 | 809.85 | 670.00 | 0.639 times |
| 09 Fri Aug 2024 | 709.45 | 444.00 | 722.85 | 444.00 | 5.387 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 |
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 |
| 19 Mon Aug 2024 | 777.80 | 490.00 | 809.85 | 444.00 | 2.221 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 up this month, and volume has increased substantially. This means that the move can 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 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 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 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 BUY. 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.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Magna Electr is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 695.43 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 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 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 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 BUY. 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.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Magna Electr is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 695.43 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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