(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 2024-05-14 View latest technical analysis
10 day averaged volume of Magna Electr is 3354
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 454.65 | 470.00 | 470.00 | 450.00 | 1.584 times |
| 13 Mon May 2024 | 445.10 | 444.00 | 458.90 | 441.00 | 0.356 times |
| 10 Fri May 2024 | 451.20 | 452.00 | 452.00 | 442.25 | 0.472 times |
| 09 Thu May 2024 | 450.80 | 465.00 | 465.00 | 437.10 | 1.015 times |
| 08 Wed May 2024 | 460.05 | 453.05 | 465.00 | 453.05 | 0.993 times |
| 07 Tue May 2024 | 459.00 | 448.00 | 477.90 | 448.00 | 3.063 times |
| 06 Mon May 2024 | 452.00 | 455.00 | 455.00 | 442.20 | 0.641 times |
| 03 Fri May 2024 | 453.20 | 460.00 | 467.95 | 445.15 | 1.355 times |
| 02 Thu May 2024 | 461.15 | 468.35 | 478.00 | 457.50 | 1.208 times |
| 30 Tue Apr 2024 | 468.35 | 474.90 | 479.00 | 465.10 | 0.384 times |
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 450.6 as stoploss in an intra day buy trade for a target of 463.32. However, stock will show a bearish move below 450.6.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.20 |
| Downside Target | 431.00 |
| Upside Target | 462.00 |
| Upside Target | 477.90 |
| Upside Target | 478.00 |
| Upside Target | 479.85 |
| Upside Target | 480.00 |
| Upside Target | 484.00 |
| Upside Target | 504.80 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 440.43 |
| Downside Intraday Target | 426.22 |
| Upside Intraday Target | 469.43 |
| Upside Intraday Target | 484.22 |
| Upside Intraday Target | 455.22 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 454.65 | 444.00 | 470.00 | 441.00 | 0.314 times |
| 10 Fri May 2024 | 451.20 | 455.00 | 477.90 | 437.10 | 1.786 times |
| 03 Fri May 2024 | 453.20 | 475.00 | 480.00 | 445.15 | 0.881 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 |
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 |
| 14 Tue May 2024 | 454.65 | 468.35 | 478.00 | 437.10 | 0.497 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is gaining 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 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 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
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 456.38 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is gaining 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 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 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
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 456.38 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 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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