(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 2024-10-31 View latest technical analysis
10 day averaged volume of Magna Electr is 1841
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 903.00 | 888.00 | 915.65 | 850.00 | 2.279 times |
| 30 Wed Oct 2024 | 872.05 | 888.00 | 888.00 | 860.00 | 0.27 times |
| 29 Tue Oct 2024 | 868.45 | 840.00 | 872.00 | 840.00 | 0.523 times |
| 28 Mon Oct 2024 | 839.20 | 815.00 | 855.05 | 800.00 | 1.389 times |
| 25 Fri Oct 2024 | 814.35 | 818.65 | 850.50 | 804.00 | 0.727 times |
| 24 Thu Oct 2024 | 835.35 | 850.00 | 850.00 | 812.00 | 0.924 times |
| 23 Wed Oct 2024 | 842.10 | 847.50 | 862.95 | 800.00 | 1.588 times |
| 22 Tue Oct 2024 | 837.95 | 859.90 | 875.00 | 820.25 | 1.172 times |
| 21 Mon Oct 2024 | 859.95 | 861.05 | 894.00 | 855.05 | 1.263 times |
| 18 Fri Oct 2024 | 899.85 | 900.95 | 905.10 | 878.50 | 0.62 times |
Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 900.3, but if it comes below 900.3, then a intra day sell could be more profitable.
If you take a sell trade below 900.3, then use 900.3 as stoploss and 863.33 as target. However if you take a buy trade in stock , then use 900.3 as stoploss and 944.6 as target.
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 | 800.00 |
| Downside Target | 827.95 |
| Downside Target | 848.80 |
| Downside Target | 894.00 |
| Upside Target | 915.65 |
| Upside Target | 919.40 |
| Upside Target | 919.95 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 830.12 |
| Downside Intraday Target | 757.23 |
| Upside Intraday Target | 945.77 |
| Upside Intraday Target | 988.53 |
| Downside Intraday Target | 872.88 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 903.00 | 815.00 | 915.65 | 800.00 | 0.786 times |
| 25 Fri Oct 2024 | 814.35 | 861.05 | 894.00 | 800.00 | 0.757 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 |
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 |
| 31 Thu Oct 2024 | 903.00 | 790.00 | 919.95 | 761.05 | 1.508 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, and volume has increased substantially. This means that the move can 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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell 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 green color and prices are above 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 positive zone. This is a BUY 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 859.18 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 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 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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell 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 green color and prices are above 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 positive zone. This is a BUY 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 859.18 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 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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