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(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)

10 day averaged volume of Magna Electr is 4851

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 431.10 434.95 437.90 425.10 0.757 times
27 Wed Mar 2024 425.95 427.50 432.00 420.00 1.03 times
26 Tue Mar 2024 427.50 435.00 439.95 426.00 0.58 times
22 Fri Mar 2024 433.25 435.00 435.00 423.00 0.334 times
21 Thu Mar 2024 421.25 422.30 431.80 420.00 0.737 times
20 Wed Mar 2024 421.35 429.00 434.90 415.00 0.395 times
19 Tue Mar 2024 429.00 425.55 440.00 425.55 0.408 times
18 Mon Mar 2024 426.00 429.95 429.95 406.00 2.945 times
15 Fri Mar 2024 406.50 407.00 426.60 401.00 0.246 times
14 Thu Mar 2024 404.05 395.00 428.40 388.00 0.816 times

My analysis of stock is bearish for shortterm, and stock might move down till 416.6 or till 394.7. Use a stoploss of 434.87 and if the stock hits stoploss, then it can shoot up till 453.15

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 388.00
Downside Target 400.20
Downside Target 415.05
Upside Target 434.00
Upside Target 462.00
Upside Target 477.85
Upside Target 479.85
Upside Target 484.00
Upside Target 491.00
Upside Target 542.00
Upside Target 589.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 420.75
Downside Intraday Target 410.4
Upside Intraday Target 440.7
Upside Intraday Target 450.3
Downside Intraday Target 430.35

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 431.10 435.00 439.95 420.00 0.491 times
22 Fri Mar 2024 433.25 429.95 440.00 406.00 0.957 times
15 Fri Mar 2024 406.50 458.00 479.85 388.00 2.18 times
07 Thu Mar 2024 448.15 464.90 477.85 434.00 0.341 times
02 Sat Mar 2024 456.35 434.95 464.80 415.05 1.86 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
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
31 Wed Jan 2024 474.75 479.60 589.00 462.00 0.856 times
29 Fri Dec 2023 479.60 470.05 491.00 436.90 2.17 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 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 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 losing momentum.

MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.

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 below 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 BUY signal in short term but buying 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 423.61 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 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 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 losing momentum.

MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.

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 below 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 BUY signal in short term but buying 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 423.61 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

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Daily charts

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