(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 1648
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Dec 2023 | 463.05 | 470.05 | 473.90 | 460.00 | 1.604 times |
| 30 Thu Nov 2023 | 466.55 | 474.95 | 485.00 | 462.00 | 1.072 times |
| 29 Wed Nov 2023 | 470.50 | 472.55 | 477.80 | 470.00 | 0.456 times |
| 28 Tue Nov 2023 | 478.20 | 480.95 | 483.00 | 475.00 | 0.757 times |
| 24 Fri Nov 2023 | 480.05 | 476.15 | 488.70 | 476.15 | 0.51 times |
| 23 Thu Nov 2023 | 482.40 | 488.00 | 488.00 | 476.20 | 1.333 times |
| 22 Wed Nov 2023 | 479.95 | 475.50 | 485.00 | 475.10 | 1.417 times |
| 21 Tue Nov 2023 | 478.70 | 484.75 | 491.00 | 475.05 | 0.833 times |
| 20 Mon Nov 2023 | 484.75 | 481.00 | 495.00 | 480.00 | 1.292 times |
| 17 Fri Nov 2023 | 480.00 | 478.50 | 489.00 | 476.10 | 1.674 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 460.5 as stoploss in an intra day buy trade for a target of 470.2. However, stock will show a bearish move below 460.5.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 429.10 |
| Downside Target | 445.00 |
| 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 | 453.7 |
| Downside Intraday Target | 444.35 |
| Upside Intraday Target | 478.7 |
| Upside Intraday Target | 494.35 |
| Upside Intraday Target | 469.35 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 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 |
| 01 Fri Dec 2023 | 463.05 | 470.05 | 473.90 | 460.00 | 0.049 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 476.43 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 476.43 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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