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(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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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