(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 2023-05-18 View latest technical analysis
10 day averaged volume of Magna Electr is 1981
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu May 2023 | 337.90 | 357.00 | 357.00 | 330.00 | 0.611 times |
| 17 Wed May 2023 | 350.45 | 354.00 | 362.90 | 342.50 | 0.413 times |
| 16 Tue May 2023 | 344.30 | 345.00 | 354.90 | 333.05 | 1.287 times |
| 15 Mon May 2023 | 341.35 | 330.00 | 350.00 | 329.30 | 0.978 times |
| 12 Fri May 2023 | 344.65 | 341.00 | 349.80 | 321.00 | 1.444 times |
| 11 Thu May 2023 | 329.05 | 327.50 | 337.10 | 327.50 | 0.448 times |
| 10 Wed May 2023 | 327.10 | 338.00 | 338.00 | 320.05 | 0.269 times |
| 09 Tue May 2023 | 326.45 | 328.00 | 342.00 | 325.80 | 0.448 times |
| 08 Mon May 2023 | 337.80 | 344.90 | 344.90 | 325.00 | 0.927 times |
| 05 Fri May 2023 | 336.05 | 330.00 | 337.00 | 326.30 | 2.177 times |
My analysis of stock is bullish for shortterm, and stock might move up till 343.2 or till 355. Use a stoploss of 333.42 and if this stock hits its stoploss, then it can fall down till 323.59
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 |
| Upside Target | 341.85 |
| Upside Target | 346.90 |
| Upside 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 | 323.83 |
| Downside Intraday Target | 309.77 |
| Upside Intraday Target | 357.43 |
| Upside Intraday Target | 376.97 |
| Upside Intraday Target | 343.37 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu May 2023 | 337.90 | 330.00 | 362.90 | 329.30 | 0.93 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 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 |
| 18 Thu May 2023 | 337.90 | 344.95 | 362.90 | 320.05 | 0.641 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 losing momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.
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
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 339.06 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 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 losing momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.
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
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 339.06 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 positive
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