(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 2023-05-23 View latest technical analysis
10 day averaged volume of Magna Electr is 1740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue May 2023 | 329.95 | 330.00 | 330.00 | 325.00 | 0.875 times |
| 22 Mon May 2023 | 328.45 | 338.00 | 348.00 | 326.50 | 2.569 times |
| 19 Fri May 2023 | 341.05 | 333.05 | 349.00 | 326.20 | 0.711 times |
| 18 Thu May 2023 | 337.90 | 357.00 | 357.00 | 330.00 | 0.696 times |
| 17 Wed May 2023 | 350.45 | 354.00 | 362.90 | 342.50 | 0.471 times |
| 16 Tue May 2023 | 344.30 | 345.00 | 354.90 | 333.05 | 1.466 times |
| 15 Mon May 2023 | 341.35 | 330.00 | 350.00 | 329.30 | 1.113 times |
| 12 Fri May 2023 | 344.65 | 341.00 | 349.80 | 321.00 | 1.644 times |
| 11 Thu May 2023 | 329.05 | 327.50 | 337.10 | 327.50 | 0.51 times |
| 10 Wed May 2023 | 327.10 | 338.00 | 338.00 | 320.05 | 0.306 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 328.7 as stoploss in an intra day buy trade for a target of 335.64. However, stock will show a bearish move below 328.7.
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 | 348.00 |
| 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 | 320.63 |
| Downside Intraday Target | 311.32 |
| Upside Intraday Target | 343.63 |
| Upside Intraday Target | 357.32 |
| Upside Intraday Target | 334.32 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue May 2023 | 329.95 | 338.00 | 348.00 | 325.00 | 0.773 times |
| 19 Fri May 2023 | 341.05 | 330.00 | 362.90 | 326.20 | 1.107 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 |
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 |
| 23 Tue May 2023 | 329.95 | 344.95 | 362.90 | 320.05 | 0.84 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 337.26 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 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 337.26 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 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