(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 3342
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Jun 2023 | 339.30 | 348.70 | 350.00 | 335.00 | 0.978 times |
| 06 Tue Jun 2023 | 332.05 | 338.15 | 338.15 | 325.80 | 0.76 times |
| 05 Mon Jun 2023 | 338.15 | 355.00 | 355.00 | 335.00 | 0.906 times |
| 02 Fri Jun 2023 | 335.95 | 344.90 | 351.85 | 331.00 | 0.708 times |
| 01 Thu Jun 2023 | 340.05 | 333.90 | 342.00 | 321.00 | 0.694 times |
| 31 Wed May 2023 | 325.50 | 310.00 | 335.00 | 310.00 | 0.895 times |
| 30 Tue May 2023 | 320.20 | 328.00 | 339.00 | 310.10 | 3.748 times |
| 29 Mon May 2023 | 328.45 | 328.00 | 341.80 | 325.00 | 0.999 times |
| 26 Fri May 2023 | 326.70 | 355.80 | 355.80 | 315.15 | 0.708 times |
| 25 Thu May 2023 | 344.85 | 345.00 | 347.45 | 335.00 | 0.296 times |
My analysis of stock is bullish for shortterm, and stock might move up till 343.6 or till 352.8. Use a stoploss of 335.87 and if this stock hits its stoploss, then it can fall down till 328.16
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 254.00 |
| Downside Target | 266.05 |
| Downside Target | 290.00 |
| Downside Target | 310.00 |
| Upside Target | 341.85 |
| Upside Target | 349.80 |
| Upside Target | 351.85 |
| Upside Target | 355.00 |
| Upside Target | 355.80 |
| Upside Target | 362.90 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 325.07 |
| Downside Intraday Target | 310.83 |
| Upside Intraday Target | 354.27 |
| Upside Intraday Target | 369.23 |
| Upside Intraday Target | 340.03 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Jun 2023 | 339.30 | 355.00 | 355.00 | 325.80 | 0.375 times |
| 02 Fri Jun 2023 | 335.95 | 328.00 | 351.85 | 310.00 | 2.284 times |
| 26 Fri May 2023 | 326.70 | 338.00 | 355.80 | 315.15 | 1.329 times |
| 19 Fri May 2023 | 341.05 | 330.00 | 362.90 | 326.20 | 1.107 times |
| 12 Fri May 2023 | 344.65 | 344.90 | 349.80 | 320.05 | 0.711 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 |
| 07 Wed Jun 2023 | 339.30 | 333.90 | 355.00 | 321.00 | 0.251 times |
| 31 Wed May 2023 | 325.50 | 344.95 | 362.90 | 310.00 | 1.475 times |
| 28 Fri Apr 2023 | 325.55 | 288.00 | 346.90 | 266.05 | 0.577 times |
| 31 Fri Mar 2023 | 278.10 | 296.55 | 328.85 | 254.00 | 1.354 times |
Scroll below to view daily charts
Price has moved up 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 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 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 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.
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 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 SELL signal in short term but selling 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 328.97 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 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 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 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 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.
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 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 SELL signal in short term but selling 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 328.97 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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