Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 6303

Date Daily Closing Price Open High Low Volume
20 Fri Dec 2024 962.75 977.10 1049.00 955.00 0.495 times
19 Thu Dec 2024 1000.00 962.30 1019.75 940.00 1.75 times
18 Wed Dec 2024 1000.35 1005.00 1039.00 992.00 2.009 times
17 Tue Dec 2024 1003.10 1048.00 1075.00 983.00 0.684 times
16 Mon Dec 2024 1033.35 1040.00 1095.00 1021.35 1.485 times
13 Fri Dec 2024 1031.95 1079.00 1089.00 1016.30 1.531 times
12 Thu Dec 2024 1074.55 1125.00 1125.00 1070.00 0.384 times
11 Wed Dec 2024 1117.55 1100.00 1158.95 1094.00 0.313 times
10 Tue Dec 2024 1120.25 1099.00 1215.15 1099.00 0.922 times
09 Mon Dec 2024 1104.70 1130.75 1141.00 1080.00 0.492 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1014.8, but if it comes above 1014.8, then a intra day buy could be more profitable.
If you take a sell trade below 1014.8, then use 1014.8 as stoploss and 913.8 as target. However if you take a buy trade in stock , then use 1014.8 as stoploss and 1099.05 as target.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 444.00
Downside Target 735.05
Downside Target 761.05
Downside Target 827.95
Downside Target 883.00
Downside Target 910.00
Downside Target 940.00
Upside Target 1005.00
Upside Target 1095.00
Upside Target 1125.00
Upside Target 1178.80
Upside Target 1215.15
Upside Target 1299.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 903.5
Downside Intraday Target 844.25
Upside Intraday Target 1058.5
Upside Intraday Target 1154.25
Upside Intraday Target 999.25

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
20 Fri Dec 2024 962.75 1040.00 1095.00 940.00 1.764 times
13 Fri Dec 2024 1031.95 1130.75 1215.15 1016.30 1.077 times
06 Fri Dec 2024 1130.75 1184.90 1299.00 1125.00 0.917 times
29 Fri Nov 2024 1165.55 1035.00 1178.80 1005.00 0.85 times
22 Fri Nov 2024 1016.40 946.05 1026.00 921.05 0.51 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magna Electr (MagnaElectr)

Date Monthly Closing Price Open High Low Volume
20 Fri Dec 2024 962.75 1184.90 1299.00 940.00 0.604 times
29 Fri Nov 2024 1165.55 903.00 1178.80 883.00 2.225 times
31 Thu Oct 2024 903.00 790.00 919.95 761.05 1.508 times
30 Mon Sep 2024 800.00 792.00 827.95 735.05 0.128 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 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 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 weakening, and bulls are picking up momentum!

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 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 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 1030.86 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 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 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 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 weakening, and bulls are picking up momentum!

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 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 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 1030.86 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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme