(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 2024-05-02 View latest technical analysis
10 day averaged volume of Magna Electr is 2586
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 461.15 | 468.35 | 478.00 | 457.50 | 1.567 times |
| 30 Tue Apr 2024 | 468.35 | 474.90 | 479.00 | 465.10 | 0.498 times |
| 29 Mon Apr 2024 | 468.15 | 475.00 | 480.00 | 466.60 | 0.667 times |
| 26 Fri Apr 2024 | 474.80 | 484.45 | 485.00 | 471.25 | 0.595 times |
| 25 Thu Apr 2024 | 480.65 | 481.00 | 484.95 | 472.75 | 0.821 times |
| 24 Wed Apr 2024 | 478.70 | 489.85 | 489.85 | 478.00 | 0.474 times |
| 23 Tue Apr 2024 | 485.95 | 504.80 | 504.80 | 470.10 | 0.58 times |
| 22 Mon Apr 2024 | 492.00 | 488.95 | 498.75 | 469.95 | 2.625 times |
| 19 Fri Apr 2024 | 457.00 | 461.60 | 465.00 | 450.00 | 0.377 times |
| 18 Thu Apr 2024 | 465.25 | 452.05 | 468.90 | 450.00 | 1.972 times |
My analysis of stock is bearish for shortterm, and stock might move down till 455.4 or till 441.7. Use a stoploss of 466.8 and if the stock hits stoploss, then it can shoot up till 478.21
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.20 |
| Downside Target | 431.00 |
| Downside Target | 445.40 |
| Downside Target | 457.50 |
| Upside Target | 479.85 |
| Upside Target | 480.00 |
| Upside Target | 484.00 |
| Upside Target | 494.00 |
| Upside Target | 504.80 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 452.43 |
| Downside Intraday Target | 443.72 |
| Upside Intraday Target | 474.93 |
| Upside Intraday Target | 488.72 |
| Upside Intraday Target | 466.22 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 461.15 | 475.00 | 480.00 | 457.50 | 0.536 times |
| 26 Fri Apr 2024 | 474.80 | 488.95 | 504.80 | 469.95 | 0.476 times |
| 19 Fri Apr 2024 | 457.00 | 448.05 | 468.90 | 446.55 | 2.183 times |
| 12 Fri Apr 2024 | 476.05 | 463.00 | 494.00 | 445.40 | 0.811 times |
| 05 Fri Apr 2024 | 463.00 | 437.90 | 465.00 | 431.00 | 1.361 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 |
| 02 Thu May 2024 | 461.15 | 468.35 | 478.00 | 457.50 | 0.056 times |
| 30 Tue Apr 2024 | 468.35 | 437.90 | 504.80 | 431.00 | 0.947 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 getting stronger in this stock.
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 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 475.16 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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 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 neutral. A longer time frame might give a better analysis.
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 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 getting stronger in this stock.
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 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 475.16 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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.
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