Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-04 View latest technical analysis

10 day averaged volume of Magna Electr is 2077

Date Daily Closing Price Open High Low Volume
04 Mon Nov 2024 941.50 923.00 945.00 883.00 3.909 times
01 Fri Nov 2024 913.00 903.00 925.00 900.00 1.018 times
31 Thu Oct 2024 903.00 888.00 915.65 850.00 2.02 times
30 Wed Oct 2024 872.05 888.00 888.00 860.00 0.239 times
29 Tue Oct 2024 868.45 840.00 872.00 840.00 0.464 times
28 Mon Oct 2024 839.20 815.00 855.05 800.00 1.232 times
25 Fri Oct 2024 814.35 818.65 850.50 804.00 0.645 times
24 Thu Oct 2024 835.35 850.00 850.00 812.00 0.819 times
23 Wed Oct 2024 842.10 847.50 862.95 800.00 1.407 times
22 Tue Oct 2024 837.95 859.90 875.00 820.25 1.039 times

Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 949.3, for a target of 909.8 or 876.93

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 444.00
Downside Target 495.00
Downside Target 735.05
Downside Target 761.05
Downside Target 800.00
Downside Target 827.95
Downside Target 848.80
Downside Target 883.00
Downside Target 919.40
Downside Target 919.95
Downside Target 925.00
Upside Target 945.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 901.33
Downside Intraday Target 861.17
Upside Intraday Target 963.33
Upside Intraday Target 985.17
Downside Intraday Target 923.17

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
04 Mon Nov 2024 941.50 923.00 945.00 883.00 0.786 times
01 Fri Nov 2024 913.00 815.00 925.00 800.00 0.989 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

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
04 Mon Nov 2024 941.50 903.00 945.00 883.00 0.162 times
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

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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.

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 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 886.8 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.

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 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 886.8 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 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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme