(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)
Showing technical analysis as on 2023-05-17 View latest technical analysis
10 day averaged volume of Magna Electr is 1956
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed May 2023 | 350.45 | 354.00 | 362.90 | 342.50 | 0.419 times |
| 16 Tue May 2023 | 344.30 | 345.00 | 354.90 | 333.05 | 1.304 times |
| 15 Mon May 2023 | 341.35 | 330.00 | 350.00 | 329.30 | 0.99 times |
| 12 Fri May 2023 | 344.65 | 341.00 | 349.80 | 321.00 | 1.463 times |
| 11 Thu May 2023 | 329.05 | 327.50 | 337.10 | 327.50 | 0.454 times |
| 10 Wed May 2023 | 327.10 | 338.00 | 338.00 | 320.05 | 0.272 times |
| 09 Tue May 2023 | 326.45 | 328.00 | 342.00 | 325.80 | 0.454 times |
| 08 Mon May 2023 | 337.80 | 344.90 | 344.90 | 325.00 | 0.939 times |
| 05 Fri May 2023 | 336.05 | 330.00 | 337.00 | 326.30 | 2.204 times |
| 04 Thu May 2023 | 330.85 | 332.20 | 335.00 | 325.00 | 1.629 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 342.9, but if it comes below 342.9, then a intra day sell could be more profitable.
If you take a sell trade below 342.9, then use 342.9 as stoploss and 332.12 as target. However if you take a buy trade in stock , then use 342.9 as stoploss and 355.9 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 254.00 |
| Downside Target | 266.05 |
| Downside Target | 290.00 |
| Downside Target | 303.45 |
| Downside Target | 320.05 |
| Downside Target | 341.85 |
| Downside Target | 346.90 |
| Downside Target | 349.80 |
| Upside Target | 355.05 |
| Upside Target | 362.90 |
| Upside Target | 400.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 332.2 |
| Downside Intraday Target | 313.95 |
| Upside Intraday Target | 365.8 |
| Upside Intraday Target | 381.15 |
| Downside Intraday Target | 347.55 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed May 2023 | 350.45 | 330.00 | 362.90 | 329.30 | 0.757 times |
| 12 Fri May 2023 | 344.65 | 344.90 | 349.80 | 320.05 | 0.711 times |
| 05 Fri May 2023 | 336.05 | 344.95 | 344.95 | 325.00 | 0.69 times |
| 28 Fri Apr 2023 | 325.55 | 313.40 | 346.90 | 303.45 | 1.924 times |
| 21 Fri Apr 2023 | 310.40 | 296.00 | 330.00 | 295.00 | 1.271 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 |
| 17 Wed May 2023 | 350.45 | 344.95 | 362.90 | 320.05 | 0.608 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 |
| 28 Tue Feb 2023 | 296.55 | 341.85 | 341.85 | 290.00 | 1.283 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 337.81 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 337.81 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 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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