(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 2023-09-25 View latest technical analysis
10 day averaged volume of Magna Electr is 1777
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Sep 2023 | 472.00 | 472.00 | 472.00 | 472.00 | 1.102 times |
| 22 Fri Sep 2023 | 481.60 | 481.60 | 481.60 | 481.60 | 1.026 times |
| 21 Thu Sep 2023 | 491.40 | 495.00 | 495.00 | 491.40 | 0.661 times |
| 20 Wed Sep 2023 | 501.40 | 510.00 | 510.00 | 501.40 | 0.957 times |
| 18 Mon Sep 2023 | 511.60 | 511.60 | 532.00 | 511.60 | 0.688 times |
| 15 Fri Sep 2023 | 522.00 | 520.00 | 522.00 | 520.00 | 0.377 times |
| 14 Thu Sep 2023 | 520.00 | 511.00 | 520.00 | 511.00 | 1.273 times |
| 13 Wed Sep 2023 | 514.50 | 514.50 | 514.50 | 514.50 | 0.568 times |
| 12 Tue Sep 2023 | 525.00 | 525.00 | 527.00 | 525.00 | 1.392 times |
| 11 Mon Sep 2023 | 523.45 | 542.00 | 542.00 | 523.45 | 1.896 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 472.1, for a target of 501.9 or 526.67
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 | 472.00 |
| Upside Target | 481.60 |
| Upside Target | 511.00 |
| Upside Target | 532.00 |
| 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 | 472 |
| Downside Intraday Target | 472 |
| Downside Intraday Target | 472 |
| Downside Intraday Target | 472 |
| Downside Intraday Target | 472 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Sep 2023 | 472.00 | 472.00 | 472.00 | 472.00 | 0.331 times |
| 22 Fri Sep 2023 | 481.60 | 511.60 | 532.00 | 481.60 | 0.605 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 |
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 |
| 25 Mon Sep 2023 | 472.00 | 544.10 | 555.00 | 472.00 | 0.312 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 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 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.
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 507.56 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 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 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.
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 507.56 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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