(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 2023-05-25 View latest technical analysis
10 day averaged volume of Magna Electr is 1845
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu May 2023 | 344.85 | 345.00 | 347.45 | 335.00 | 0.537 times |
| 24 Wed May 2023 | 339.00 | 339.00 | 339.95 | 325.05 | 0.518 times |
| 23 Tue May 2023 | 329.95 | 330.00 | 330.00 | 325.00 | 0.825 times |
| 22 Mon May 2023 | 328.45 | 338.00 | 348.00 | 326.50 | 2.423 times |
| 19 Fri May 2023 | 341.05 | 333.05 | 349.00 | 326.20 | 0.671 times |
| 18 Thu May 2023 | 337.90 | 357.00 | 357.00 | 330.00 | 0.656 times |
| 17 Wed May 2023 | 350.45 | 354.00 | 362.90 | 342.50 | 0.444 times |
| 16 Tue May 2023 | 344.30 | 345.00 | 354.90 | 333.05 | 1.382 times |
| 15 Mon May 2023 | 341.35 | 330.00 | 350.00 | 329.30 | 1.05 times |
| 12 Fri May 2023 | 344.65 | 341.00 | 349.80 | 321.00 | 1.551 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 343.2, but if it comes below 343.2, then a intra day sell could be more profitable.
If you take a sell trade below 343.2, then use 343.2 as stoploss and 336.2 as target. However if you take a buy trade in stock , then use 343.2 as stoploss and 351.6 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 |
| 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 | 330.57 |
| Downside Intraday Target | 316.28 |
| Upside Intraday Target | 353.57 |
| Upside Intraday Target | 362.28 |
| Downside Intraday Target | 339.28 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu May 2023 | 344.85 | 338.00 | 348.00 | 325.00 | 1.024 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 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 |
| 25 Thu May 2023 | 344.85 | 344.95 | 362.90 | 320.05 | 0.893 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls 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
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 338.44 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls 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
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 338.44 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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