(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 3717
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 426.00 | 429.95 | 429.95 | 406.00 | 3.843 times |
15 Fri Mar 2024 | 406.50 | 407.00 | 426.60 | 401.00 | 0.321 times |
14 Thu Mar 2024 | 404.05 | 395.00 | 428.40 | 388.00 | 1.065 times |
13 Wed Mar 2024 | 402.45 | 444.10 | 444.10 | 391.55 | 3.276 times |
12 Tue Mar 2024 | 435.35 | 479.85 | 479.85 | 425.15 | 1.108 times |
11 Mon Mar 2024 | 450.20 | 458.00 | 460.00 | 448.05 | 0.803 times |
07 Thu Mar 2024 | 448.15 | 458.80 | 458.80 | 448.00 | 0.213 times |
06 Wed Mar 2024 | 450.70 | 463.95 | 463.95 | 445.10 | 0.835 times |
05 Tue Mar 2024 | 463.70 | 459.20 | 477.85 | 446.05 | 0.887 times |
04 Mon Mar 2024 | 459.20 | 464.90 | 464.90 | 434.00 | 1.08 times |
Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 415.3 or till 392.9. Use a stoploss of 433.95 and if the stock hits stoploss, then it can shoot up till 452.6
Share price targets for Magna Electr (MagnaElectr)
Target Type | Value |
Downside Target | 388.00 |
Downside Target | 400.20 |
Downside Target | 415.00 |
Upside Target | 429.95 |
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 | 411.35 |
Downside Intraday Target | 396.7 |
Upside Intraday Target | 435.3 |
Upside Intraday Target | 444.6 |
Downside Intraday Target | 420.65 |
Weekly technical analysis of Magna Electr (MagnaElectr)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 426.00 | 429.95 | 429.95 | 406.00 | 0.585 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 |
23 Fri Feb 2024 | 426.95 | 444.00 | 444.00 | 415.00 | 0.802 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 |
18 Mon Mar 2024 | 426.00 | 458.95 | 479.85 | 388.00 | 0.513 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 neutral. A longer time frame might give a better analysis.
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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 427.31 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 negative.
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 neutral. A longer time frame might give a better analysis.
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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 427.31 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 negative.
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