(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 2023-09-28 View latest technical analysis
10 day averaged volume of Magna Electr is 1480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Sep 2023 | 500.80 | 500.00 | 500.80 | 500.00 | 2.769 times |
| 27 Wed Sep 2023 | 491.00 | 491.00 | 491.00 | 484.00 | 0.595 times |
| 26 Tue Sep 2023 | 481.40 | 462.60 | 481.40 | 462.60 | 1.415 times |
| 25 Mon Sep 2023 | 472.00 | 472.00 | 472.00 | 472.00 | 1.324 times |
| 22 Fri Sep 2023 | 481.60 | 481.60 | 481.60 | 481.60 | 1.232 times |
| 21 Thu Sep 2023 | 491.40 | 495.00 | 495.00 | 491.40 | 0.794 times |
| 20 Wed Sep 2023 | 501.40 | 510.00 | 510.00 | 501.40 | 1.149 times |
| 18 Mon Sep 2023 | 511.60 | 511.60 | 532.00 | 511.60 | 0.826 times |
| 15 Fri Sep 2023 | 522.00 | 520.00 | 522.00 | 520.00 | 0.453 times |
| 14 Thu Sep 2023 | 520.00 | 511.00 | 520.00 | 511.00 | 1.528 times |
Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!
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 492.8 as stoploss in an intra day buy trade for a target of 517.27. However, stock will show a bearish move below 492.8.
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 | 462.60 |
| Downside Target | 481.60 |
| Downside Target | 500.80 |
| Upside Target | 511.00 |
| Upside Target | 532.00 |
| 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 | 475.33 |
| Downside Intraday Target | 449.87 |
| Upside Intraday Target | 513.53 |
| Upside Intraday Target | 526.27 |
| Downside Intraday Target | 488.07 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Sep 2023 | 500.80 | 472.00 | 500.80 | 462.60 | 1.525 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Magna Electr (MagnaElectr)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Thu Sep 2023 | 500.80 | 544.10 | 555.00 | 462.60 | 0.379 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 red color and prices are in or above the red 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Magna Electr is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 496.33 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 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 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 red color and prices are in or above the red 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Magna Electr is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 496.33 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 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 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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