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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 2023-09-15 View latest technical analysis

10 day averaged volume of Magna Electr is 2441

Date Daily Closing Price Open High Low Volume
15 Fri Sep 2023 522.00 520.00 522.00 520.00 0.274 times
14 Thu Sep 2023 520.00 511.00 520.00 511.00 0.927 times
13 Wed Sep 2023 514.50 514.50 514.50 514.50 0.413 times
12 Tue Sep 2023 525.00 525.00 527.00 525.00 1.013 times
11 Mon Sep 2023 523.45 542.00 542.00 523.45 1.38 times
08 Fri Sep 2023 534.10 545.00 545.00 534.10 0.847 times
07 Thu Sep 2023 545.00 547.00 547.00 541.00 0.751 times
06 Wed Sep 2023 541.00 545.00 546.00 541.00 0.398 times
05 Tue Sep 2023 544.00 555.00 555.00 544.00 0.71 times
04 Mon Sep 2023 555.00 555.00 555.00 555.00 1.478 times

My analysis of stock is bearish for shortterm, and stock might move down till 491 or till 452.5. Use a stoploss of 522.99 and if the stock hits stoploss, then it can shoot up till 555.03

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 511.00
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 508
Downside Intraday Target 494
Upside Intraday Target 539
Upside Intraday Target 556
Upside Intraday Target 525

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
15 Fri Sep 2023 522.00 542.00 542.00 511.00 0.958 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
15 Fri Sep 2023 522.00 544.10 555.00 511.00 0.238 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 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 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 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 losing 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 moving up

CCI has generated a buy signal for Magna Electr in short term but BUY 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 534.16 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 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 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 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 losing 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 moving up

CCI has generated a buy signal for Magna Electr in short term but BUY 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 534.16 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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Daily charts

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