(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 1657
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Nov 2023 | 470.50 | 472.55 | 477.80 | 470.00 | 0.453 times |
| 28 Tue Nov 2023 | 478.20 | 480.95 | 483.00 | 475.00 | 0.753 times |
| 24 Fri Nov 2023 | 480.05 | 476.15 | 488.70 | 476.15 | 0.508 times |
| 23 Thu Nov 2023 | 482.40 | 488.00 | 488.00 | 476.20 | 1.325 times |
| 22 Wed Nov 2023 | 479.95 | 475.50 | 485.00 | 475.10 | 1.409 times |
| 21 Tue Nov 2023 | 478.70 | 484.75 | 491.00 | 475.05 | 0.828 times |
| 20 Mon Nov 2023 | 484.75 | 481.00 | 495.00 | 480.00 | 1.285 times |
| 17 Fri Nov 2023 | 480.00 | 478.50 | 489.00 | 476.10 | 1.664 times |
| 16 Thu Nov 2023 | 474.15 | 469.00 | 474.95 | 461.10 | 0.652 times |
| 15 Wed Nov 2023 | 467.70 | 467.00 | 475.00 | 457.50 | 0.558 times |
My analysis of stock is bearish for shortterm, and stock might move down till 461.9 or till 449.9. Use a stoploss of 471.84 and if the stock hits stoploss, then it can shoot up till 481.81
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 349.30 |
| Downside Target | 429.10 |
| Downside Target | 445.00 |
| Upside Target | 489.00 |
| Upside Target | 495.00 |
| Upside Target | 521.20 |
| 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 | 466 |
| Downside Intraday Target | 461.5 |
| Upside Intraday Target | 479 |
| Upside Intraday Target | 487.5 |
| Upside Intraday Target | 474.5 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Nov 2023 | 470.50 | 480.95 | 483.00 | 470.00 | 0.225 times |
| 24 Fri Nov 2023 | 480.05 | 481.00 | 495.00 | 475.05 | 1.003 times |
| 17 Fri Nov 2023 | 480.00 | 459.95 | 489.00 | 455.00 | 0.564 times |
| 10 Fri Nov 2023 | 450.00 | 484.95 | 484.95 | 445.00 | 0.611 times |
| 03 Fri Nov 2023 | 475.65 | 495.00 | 542.00 | 466.10 | 1.708 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 |
| 29 Wed Nov 2023 | 470.50 | 502.10 | 542.00 | 445.00 | 0.832 times |
| 31 Tue Oct 2023 | 508.15 | 521.00 | 521.20 | 452.00 | 1.457 times |
| 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid 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 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 losing momentum.
MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 479.13 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid 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 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 losing momentum.
MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 479.13 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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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