(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 2631
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 453.20 | 460.00 | 467.95 | 445.15 | 1.728 times |
| 02 Thu May 2024 | 461.15 | 468.35 | 478.00 | 457.50 | 1.54 times |
| 30 Tue Apr 2024 | 468.35 | 474.90 | 479.00 | 465.10 | 0.49 times |
| 29 Mon Apr 2024 | 468.15 | 475.00 | 480.00 | 466.60 | 0.655 times |
| 26 Fri Apr 2024 | 474.80 | 484.45 | 485.00 | 471.25 | 0.585 times |
| 25 Thu Apr 2024 | 480.65 | 481.00 | 484.95 | 472.75 | 0.807 times |
| 24 Wed Apr 2024 | 478.70 | 489.85 | 489.85 | 478.00 | 0.466 times |
| 23 Tue Apr 2024 | 485.95 | 504.80 | 504.80 | 470.10 | 0.571 times |
| 22 Mon Apr 2024 | 492.00 | 488.95 | 498.75 | 469.95 | 2.58 times |
| 19 Fri Apr 2024 | 457.00 | 461.60 | 465.00 | 450.00 | 0.37 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 454.7, but if it comes above 454.7, then a intra day buy could be more profitable.
If you take a sell trade below 454.7, then use 454.7 as stoploss and 440.7 as target. However if you take a buy trade in stock , then use 454.7 as stoploss and 466.45 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.20 |
| Downside Target | 431.00 |
| Downside Target | 445.15 |
| Upside Target | 462.00 |
| Upside Target | 479.85 |
| Upside Target | 480.00 |
| Upside Target | 484.00 |
| Upside Target | 494.00 |
| Upside Target | 504.80 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 438.9 |
| Downside Intraday Target | 424.6 |
| Upside Intraday Target | 473.75 |
| Upside Intraday Target | 494.3 |
| Upside Intraday Target | 459.45 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 453.20 | 475.00 | 480.00 | 445.15 | 0.881 times |
| 26 Fri Apr 2024 | 474.80 | 488.95 | 504.80 | 469.95 | 0.476 times |
| 19 Fri Apr 2024 | 457.00 | 448.05 | 468.90 | 446.55 | 2.183 times |
| 12 Fri Apr 2024 | 476.05 | 463.00 | 494.00 | 445.40 | 0.811 times |
| 05 Fri Apr 2024 | 463.00 | 437.90 | 465.00 | 431.00 | 1.361 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 |
| 03 Fri May 2024 | 453.20 | 468.35 | 478.00 | 445.15 | 0.119 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 |
| 29 Thu Feb 2024 | 447.05 | 479.00 | 484.00 | 400.20 | 1.071 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 in or below 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 473.25 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 in or below 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 473.25 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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