(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 2024-09-05 View latest technical analysis
10 day averaged volume of Magna Electr is 3188
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 775.50 | 775.50 | 775.50 | 775.50 | 1.732 times |
| 04 Wed Sep 2024 | 760.30 | 760.30 | 760.30 | 760.30 | 0.866 times |
| 03 Tue Sep 2024 | 775.80 | 775.80 | 775.80 | 775.80 | 0.131 times |
| 02 Mon Sep 2024 | 791.60 | 792.00 | 792.00 | 791.60 | 0.686 times |
| 30 Fri Aug 2024 | 807.75 | 807.75 | 807.75 | 807.75 | 0.165 times |
| 29 Thu Aug 2024 | 824.20 | 827.00 | 827.00 | 824.20 | 0.423 times |
| 28 Wed Aug 2024 | 841.00 | 841.00 | 841.50 | 841.00 | 0.657 times |
| 27 Tue Aug 2024 | 858.15 | 881.00 | 891.00 | 851.10 | 1.346 times |
| 26 Mon Aug 2024 | 894.75 | 910.00 | 910.00 | 880.00 | 1.362 times |
| 23 Fri Aug 2024 | 874.95 | 880.00 | 880.00 | 857.30 | 2.203 times |
My analysis of stock is bearish for shortterm, and stock might move down till 721.5 or till 645.1. Use a stoploss of 785.18 and if the stock hits stoploss, then it can shoot up till 848.85
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.00 |
| Downside Target | 431.55 |
| Downside Target | 444.00 |
| Downside Target | 475.00 |
| Downside Target | 495.00 |
| Downside Target | 515.00 |
| Downside Target | 670.00 |
| Downside Target | 722.85 |
| Downside Target | 749.00 |
| Upside Target | 792.00 |
| Upside Target | 807.75 |
| Upside Target | 809.85 |
| Upside Target | 880.00 |
| Upside Target | 910.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 759.87 |
| Downside Intraday Target | 744.23 |
| Upside Intraday Target | 791.57 |
| Upside Intraday Target | 807.63 |
| Upside Intraday Target | 775.93 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 775.50 | 792.00 | 792.00 | 760.30 | 0.864 times |
| 30 Fri Aug 2024 | 807.75 | 910.00 | 910.00 | 807.75 | 0.31 times |
| 23 Fri Aug 2024 | 874.95 | 780.00 | 880.00 | 749.00 | 0.394 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 |
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 Thu Sep 2024 | 775.50 | 792.00 | 792.00 | 760.30 | 0.033 times |
| 30 Fri Aug 2024 | 807.75 | 490.00 | 910.00 | 444.00 | 2.578 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short 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.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 833.97 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short 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.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 833.97 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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