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(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 2023-09-13 View latest technical analysis

10 day averaged volume of Magna Electr is 4370

Date Daily Closing Price Open High Low Volume
13 Wed Sep 2023 514.50 514.50 514.50 514.50 0.231 times
12 Tue Sep 2023 525.00 525.00 527.00 525.00 0.566 times
11 Mon Sep 2023 523.45 542.00 542.00 523.45 0.771 times
08 Fri Sep 2023 534.10 545.00 545.00 534.10 0.473 times
07 Thu Sep 2023 545.00 547.00 547.00 541.00 0.42 times
06 Wed Sep 2023 541.00 545.00 546.00 541.00 0.222 times
05 Tue Sep 2023 544.00 555.00 555.00 544.00 0.396 times
04 Mon Sep 2023 555.00 555.00 555.00 555.00 0.826 times
01 Fri Sep 2023 546.00 544.10 546.00 544.10 1.163 times
31 Thu Aug 2023 544.10 544.10 544.10 544.10 1.398 times

My analysis of stock is bearish for shortterm, and stock might move down till 478.8 or till 433.4. Use a stoploss of 516.55 and if the stock hits stoploss, then it can shoot up till 554.34

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 310.00
Downside Target 349.30
Downside Target 362.90
Downside Target 429.10
Downside Target 441.80
Downside Target 513.90
Upside Target 534.10
Upside Target 542.00
Upside Target 555.00
Upside Target 566.50
Upside Target 593.85

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 505.33
Downside Intraday Target 496.17
Upside Intraday Target 532.83
Upside Intraday Target 551.17
Upside Intraday Target 523.67

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
13 Wed Sep 2023 514.50 542.00 542.00 514.50 0.671 times
08 Fri Sep 2023 534.10 555.00 555.00 534.10 0.277 times
01 Fri Sep 2023 546.00 539.55 566.50 539.55 1.62 times
25 Fri Aug 2023 513.90 451.20 513.90 429.10 1.522 times
18 Fri Aug 2023 451.20 520.00 520.00 441.80 0.739 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
13 Wed Sep 2023 514.50 544.10 555.00 514.50 0.21 times
31 Thu Aug 2023 544.10 532.15 566.50 429.10 0.306 times
31 Mon Jul 2023 506.85 368.85 593.85 349.30 3.471 times
30 Fri Jun 2023 360.00 333.90 369.10 316.00 1.85 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.

Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Magna Electr in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 539.86 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.

Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Magna Electr in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 539.86 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.

Click here for Magna Electr charts

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Daily charts

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