(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 2427
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Dec 2023 | 455.65 | 461.90 | 461.90 | 452.00 | 0.688 times |
| 06 Wed Dec 2023 | 444.45 | 473.95 | 473.95 | 436.90 | 4.056 times |
| 05 Tue Dec 2023 | 462.30 | 480.00 | 480.00 | 461.15 | 0.692 times |
| 04 Mon Dec 2023 | 473.70 | 475.00 | 479.95 | 463.10 | 0.397 times |
| 01 Fri Dec 2023 | 463.05 | 470.05 | 473.90 | 460.00 | 1.089 times |
| 30 Thu Nov 2023 | 466.55 | 474.95 | 485.00 | 462.00 | 0.728 times |
| 29 Wed Nov 2023 | 470.50 | 472.55 | 477.80 | 470.00 | 0.309 times |
| 28 Tue Nov 2023 | 478.20 | 480.95 | 483.00 | 475.00 | 0.514 times |
| 24 Fri Nov 2023 | 480.05 | 476.15 | 488.70 | 476.15 | 0.347 times |
| 23 Thu Nov 2023 | 482.40 | 488.00 | 488.00 | 476.20 | 0.905 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 457.3, but if it comes above 457.3, then a intra day buy could be more profitable.
If you take a sell trade below 457.3, then use 457.3 as stoploss and 443.8 as target. However if you take a buy trade in stock , then use 457.3 as stoploss and 468.56 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 429.10 |
| Upside Target | 475.05 |
| Upside Target | 480.00 |
| Upside Target | 484.95 |
| Upside Target | 485.00 |
| Upside Target | 489.00 |
| Upside Target | 495.00 |
| Upside Target | 521.20 |
| Upside Target | 542.00 |
| Upside Target | 555.00 |
| Upside Target | 566.50 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 435.03 |
| Downside Intraday Target | 414.42 |
| Upside Intraday Target | 478.13 |
| Upside Intraday Target | 500.62 |
| Upside Intraday Target | 457.52 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Dec 2023 | 455.65 | 475.00 | 480.00 | 436.90 | 2.209 times |
| 01 Fri Dec 2023 | 463.05 | 480.95 | 485.00 | 460.00 | 0.722 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 |
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 |
| 07 Thu Dec 2023 | 455.65 | 470.05 | 480.00 | 436.90 | 0.309 times |
| 30 Thu Nov 2023 | 466.55 | 502.10 | 542.00 | 445.00 | 0.86 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 458.86 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 458.86 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.
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