(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 2024-10-21 View latest technical analysis
10 day averaged volume of Magna Electr is 4230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 859.95 | 861.05 | 894.00 | 855.05 | 0.55 times |
| 18 Fri Oct 2024 | 899.85 | 900.95 | 905.10 | 878.50 | 0.27 times |
| 17 Thu Oct 2024 | 905.10 | 912.00 | 912.00 | 883.00 | 0.661 times |
| 16 Wed Oct 2024 | 903.80 | 899.95 | 914.00 | 876.00 | 0.674 times |
| 15 Tue Oct 2024 | 904.00 | 890.95 | 919.95 | 890.90 | 0.447 times |
| 14 Mon Oct 2024 | 906.85 | 886.00 | 910.00 | 848.80 | 1.212 times |
| 11 Fri Oct 2024 | 893.45 | 875.00 | 900.00 | 855.00 | 0.594 times |
| 10 Thu Oct 2024 | 875.85 | 909.90 | 919.40 | 855.00 | 0.628 times |
| 09 Wed Oct 2024 | 882.40 | 882.40 | 882.40 | 870.00 | 1.113 times |
| 08 Tue Oct 2024 | 840.40 | 761.05 | 840.40 | 761.05 | 1.606 times |
My analysis of stock is bullish for shortterm, and stock might move up till 890.3 or till 948.3. Use a stoploss of 841.95 and if this stock hits its stoploss, then it can fall down till 793.63
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.00 |
| Downside Target | 444.00 |
| Downside Target | 475.00 |
| Downside Target | 495.00 |
| Downside Target | 735.05 |
| Downside Target | 761.05 |
| Downside Target | 782.10 |
| Downside Target | 822.90 |
| Downside Target | 848.80 |
| Upside Target | 894.00 |
| Upside Target | 910.00 |
| Upside Target | 919.40 |
| Upside Target | 919.95 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 845.33 |
| Downside Intraday Target | 830.72 |
| Upside Intraday Target | 884.28 |
| Upside Intraday Target | 908.62 |
| Upside Intraday Target | 869.67 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 859.95 | 861.05 | 894.00 | 855.05 | 0.168 times |
| 18 Fri Oct 2024 | 899.85 | 886.00 | 919.95 | 848.80 | 0.485 times |
| 11 Fri Oct 2024 | 893.45 | 789.00 | 919.40 | 761.05 | 9.854 times |
| 03 Thu Oct 2024 | 782.15 | 827.95 | 827.95 | 782.10 | 0.384 times |
| 27 Fri Sep 2024 | 811.90 | 763.00 | 822.90 | 763.00 | 0.617 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 |
| 21 Mon Oct 2024 | 859.95 | 790.00 | 919.95 | 761.05 | 1.118 times |
| 30 Mon Sep 2024 | 800.00 | 792.00 | 827.95 | 735.05 | 0.128 times |
| 30 Fri Aug 2024 | 807.75 | 490.00 | 910.00 | 444.00 | 2.578 times |
| 31 Wed Jul 2024 | 481.65 | 464.00 | 495.00 | 446.00 | 1.763 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 881.89 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 881.89 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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