(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 1789
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Sep 2023 | 510.80 | 510.80 | 510.80 | 510.80 | 1.895 times |
| 28 Thu Sep 2023 | 500.80 | 500.00 | 500.80 | 500.00 | 2.291 times |
| 27 Wed Sep 2023 | 491.00 | 491.00 | 491.00 | 484.00 | 0.492 times |
| 26 Tue Sep 2023 | 481.40 | 462.60 | 481.40 | 462.60 | 1.17 times |
| 25 Mon Sep 2023 | 472.00 | 472.00 | 472.00 | 472.00 | 1.095 times |
| 22 Fri Sep 2023 | 481.60 | 481.60 | 481.60 | 481.60 | 1.02 times |
| 21 Thu Sep 2023 | 491.40 | 495.00 | 495.00 | 491.40 | 0.657 times |
| 20 Wed Sep 2023 | 501.40 | 510.00 | 510.00 | 501.40 | 0.951 times |
| 18 Mon Sep 2023 | 511.60 | 511.60 | 532.00 | 511.60 | 0.683 times |
| 15 Fri Sep 2023 | 522.00 | 520.00 | 522.00 | 520.00 | 0.375 times |
My analysis of stock is bearish for shortterm, and stock might move down till 491.9 or till 463.5. Use a stoploss of 515.6 and if the stock hits stoploss, then it can shoot up till 539.29
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 310.00 |
| Downside Target | 349.30 |
| Downside Target | 362.90 |
| Downside Target | 429.10 |
| Downside Target | 462.60 |
| Downside Target | 481.60 |
| Downside Target | 510.80 |
| Upside Target | 532.00 |
| Upside Target | 542.00 |
| Upside Target | 555.00 |
| Upside Target | 566.50 |
| Upside Target | 593.85 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 478.67 |
| Downside Intraday Target | 446.53 |
| Upside Intraday Target | 526.87 |
| Upside Intraday Target | 542.93 |
| Downside Intraday Target | 494.73 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Sep 2023 | 510.80 | 472.00 | 510.80 | 462.60 | 2.098 times |
| 22 Fri Sep 2023 | 481.60 | 511.60 | 532.00 | 481.60 | 0.605 times |
| 15 Fri Sep 2023 | 522.00 | 542.00 | 542.00 | 511.00 | 0.958 times |
| 08 Fri Sep 2023 | 534.10 | 555.00 | 555.00 | 534.10 | 0.277 times |
| 01 Fri Sep 2023 | 546.00 | 539.55 | 566.50 | 539.55 | 1.62 times |
Price has moved up 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 |
| 29 Fri Sep 2023 | 510.80 | 544.10 | 555.00 | 462.60 | 0.411 times |
| 31 Thu Aug 2023 | 544.10 | 532.15 | 566.50 | 429.10 | 0.306 times |
| 31 Mon Jul 2023 | 506.85 | 368.85 | 593.85 | 349.30 | 3.471 times |
| 30 Fri Jun 2023 | 360.00 | 333.90 | 369.10 | 316.00 | 1.85 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 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 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 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 red color and prices are in or above 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 496.1 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 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 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 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 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 red color and prices are in or above 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 496.1 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 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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