Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-01 View latest technical analysis

10 day averaged volume of Magna Electr is 4001

Date Daily Closing Price Open High Low Volume
01 Mon Apr 2024 451.00 437.90 457.00 431.00 0.593 times
28 Thu Mar 2024 431.10 434.95 437.90 425.10 0.918 times
27 Wed Mar 2024 425.95 427.50 432.00 420.00 1.249 times
26 Tue Mar 2024 427.50 435.00 439.95 426.00 0.704 times
22 Fri Mar 2024 433.25 435.00 435.00 423.00 0.405 times
21 Thu Mar 2024 421.25 422.30 431.80 420.00 0.894 times
20 Wed Mar 2024 421.35 429.00 434.90 415.00 0.478 times
19 Tue Mar 2024 429.00 425.55 440.00 425.55 0.495 times
18 Mon Mar 2024 426.00 429.95 429.95 406.00 3.57 times
15 Fri Mar 2024 406.50 407.00 426.60 401.00 0.298 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 453.5 as stoploss in an intra day sell trade for a target of 435.07. However, stock will show a bullish move above 453.5.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 388.00
Downside Target 400.20
Downside Target 420.00
Downside Target 431.00
Upside Target 457.00
Upside Target 462.00
Upside Target 477.85
Upside Target 479.85
Upside Target 484.00
Upside Target 491.00
Upside Target 589.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 435.67
Downside Intraday Target 420.33
Upside Intraday Target 461.67
Upside Intraday Target 472.33
Downside Intraday Target 446.33

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
01 Mon Apr 2024 451.00 437.90 457.00 431.00 0.207 times
28 Thu Mar 2024 431.10 435.00 439.95 420.00 0.491 times
22 Fri Mar 2024 433.25 429.95 440.00 406.00 0.957 times
15 Fri Mar 2024 406.50 458.00 479.85 388.00 2.18 times
07 Thu Mar 2024 448.15 464.90 477.85 434.00 0.341 times

Price has moved up 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
01 Mon Apr 2024 451.00 437.90 457.00 431.00 0.031 times
28 Thu Mar 2024 431.10 458.95 479.85 388.00 0.704 times
29 Thu Feb 2024 447.05 479.00 484.00 400.20 1.071 times
31 Wed Jan 2024 474.75 479.60 589.00 462.00 0.856 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 427.32 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 rising upwards.

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 is giving positive 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 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.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 427.32 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 rising upwards.

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 is giving positive 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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme