(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 2023-09-18 View latest technical analysis
10 day averaged volume of Magna Electr is 2000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Sep 2023 | 511.60 | 511.60 | 532.00 | 511.60 | 0.611 times |
| 15 Fri Sep 2023 | 522.00 | 520.00 | 522.00 | 520.00 | 0.335 times |
| 14 Thu Sep 2023 | 520.00 | 511.00 | 520.00 | 511.00 | 1.131 times |
| 13 Wed Sep 2023 | 514.50 | 514.50 | 514.50 | 514.50 | 0.505 times |
| 12 Tue Sep 2023 | 525.00 | 525.00 | 527.00 | 525.00 | 1.237 times |
| 11 Mon Sep 2023 | 523.45 | 542.00 | 542.00 | 523.45 | 1.685 times |
| 08 Fri Sep 2023 | 534.10 | 545.00 | 545.00 | 534.10 | 1.034 times |
| 07 Thu Sep 2023 | 545.00 | 547.00 | 547.00 | 541.00 | 0.917 times |
| 06 Wed Sep 2023 | 541.00 | 545.00 | 546.00 | 541.00 | 0.486 times |
| 05 Tue Sep 2023 | 544.00 | 555.00 | 555.00 | 544.00 | 0.866 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 500.8 as stoploss in an intra day buy trade for a target of 526.62. However, stock will show a bearish move below 500.8.
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 | 511.00 |
| Upside Target | 532.00 |
| Upside Target | 539.55 |
| 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 | 504.8 |
| Downside Intraday Target | 498 |
| Upside Intraday Target | 525.2 |
| Upside Intraday Target | 538.8 |
| Upside Intraday Target | 518.4 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Sep 2023 | 511.60 | 511.60 | 532.00 | 511.60 | 0.125 times |
| 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 |
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 |
| 18 Mon Sep 2023 | 511.60 | 544.10 | 555.00 | 511.00 | 0.249 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 in or below 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 SELL signal in short term but selling is losing 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 528.32 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 in or below 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 SELL signal in short term but selling is losing 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 528.32 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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