(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 2024-02-22 View latest technical analysis
10 day averaged volume of Magna Electr is 4211
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 417.50 | 425.00 | 438.95 | 416.00 | 0.78 times |
| 21 Wed Feb 2024 | 422.15 | 433.30 | 434.95 | 419.00 | 1.236 times |
| 20 Tue Feb 2024 | 424.80 | 434.95 | 434.95 | 420.00 | 0.632 times |
| 19 Mon Feb 2024 | 427.00 | 444.00 | 444.00 | 420.00 | 0.715 times |
| 16 Fri Feb 2024 | 420.35 | 449.95 | 450.00 | 410.00 | 0.863 times |
| 15 Thu Feb 2024 | 428.40 | 434.00 | 457.80 | 421.15 | 1.831 times |
| 14 Wed Feb 2024 | 425.45 | 450.00 | 450.00 | 415.00 | 0.652 times |
| 13 Tue Feb 2024 | 426.60 | 435.00 | 450.00 | 421.00 | 0.826 times |
| 12 Mon Feb 2024 | 432.50 | 444.45 | 454.00 | 431.00 | 1.062 times |
| 09 Fri Feb 2024 | 444.45 | 452.00 | 469.00 | 440.00 | 1.318 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 423.9, but if it comes above 423.9, then a intra day buy could be more profitable.
If you take a sell trade below 423.9, then use 423.9 as stoploss and 395.1 as target. However if you take a buy trade in stock , then use 423.9 as stoploss and 447.99 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.20 |
| Downside Target | 410.00 |
| Upside Target | 436.90 |
| Upside Target | 480.90 |
| Upside Target | 484.00 |
| Upside Target | 491.00 |
| Upside Target | 504.85 |
| Upside Target | 521.20 |
| Upside Target | 542.00 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 407.67 |
| Downside Intraday Target | 397.83 |
| Upside Intraday Target | 435.67 |
| Upside Intraday Target | 453.83 |
| Upside Intraday Target | 425.83 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 417.50 | 444.00 | 444.00 | 416.00 | 0.643 times |
| 16 Fri Feb 2024 | 420.35 | 444.45 | 457.80 | 410.00 | 0.652 times |
| 09 Fri Feb 2024 | 444.45 | 470.00 | 484.00 | 400.20 | 1.509 times |
| 02 Fri Feb 2024 | 468.10 | 482.00 | 504.85 | 462.00 | 1.082 times |
| 25 Thu Jan 2024 | 492.50 | 489.00 | 589.00 | 480.90 | 1.03 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 |
| 22 Thu Feb 2024 | 417.50 | 479.00 | 484.00 | 400.20 | 0.766 times |
| 31 Wed Jan 2024 | 474.75 | 479.60 | 589.00 | 462.00 | 0.856 times |
| 29 Fri Dec 2023 | 479.60 | 470.05 | 491.00 | 436.90 | 2.17 times |
| 30 Thu Nov 2023 | 466.55 | 502.10 | 542.00 | 445.00 | 0.86 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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
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 427.96 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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
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 427.96 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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