(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 2024-12-24 View latest technical analysis
10 day averaged volume of Magna Electr is 7384
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 983.55 | 1028.00 | 1028.00 | 960.00 | 0.107 times |
| 23 Mon Dec 2024 | 985.00 | 985.00 | 1000.00 | 985.00 | 1.829 times |
| 20 Fri Dec 2024 | 962.75 | 977.10 | 1049.00 | 955.00 | 0.423 times |
| 19 Thu Dec 2024 | 1000.00 | 962.30 | 1019.75 | 940.00 | 1.494 times |
| 18 Wed Dec 2024 | 1000.35 | 1005.00 | 1039.00 | 992.00 | 1.715 times |
| 17 Tue Dec 2024 | 1003.10 | 1048.00 | 1075.00 | 983.00 | 0.584 times |
| 16 Mon Dec 2024 | 1033.35 | 1040.00 | 1095.00 | 1021.35 | 1.267 times |
| 13 Fri Dec 2024 | 1031.95 | 1079.00 | 1089.00 | 1016.30 | 1.306 times |
| 12 Thu Dec 2024 | 1074.55 | 1125.00 | 1125.00 | 1070.00 | 0.328 times |
| 11 Wed Dec 2024 | 1117.55 | 1100.00 | 1158.95 | 1094.00 | 0.267 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1003.4, but if it comes above 1003.4, then a intra day buy could be more profitable.
If you take a sell trade below 1003.4, then use 1003.4 as stoploss and 896.4 as target. However if you take a buy trade in stock , then use 1003.4 as stoploss and 1092.65 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 444.00 |
| Downside Target | 735.05 |
| Downside Target | 761.05 |
| Downside Target | 827.95 |
| Downside Target | 883.00 |
| Downside Target | 910.00 |
| Downside Target | 940.00 |
| Downside Target | 960.00 |
| Upside Target | 1005.00 |
| Upside Target | 1095.00 |
| Upside Target | 1125.00 |
| Upside Target | 1178.80 |
| Upside Target | 1215.15 |
| Upside Target | 1299.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 953.03 |
| Downside Intraday Target | 922.52 |
| Upside Intraday Target | 1021.03 |
| Upside Intraday Target | 1058.52 |
| Upside Intraday Target | 990.52 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 983.55 | 985.00 | 1028.00 | 960.00 | 0.353 times |
| 20 Fri Dec 2024 | 962.75 | 1040.00 | 1095.00 | 940.00 | 1.764 times |
| 13 Fri Dec 2024 | 1031.95 | 1130.75 | 1215.15 | 1016.30 | 1.077 times |
| 06 Fri Dec 2024 | 1130.75 | 1184.90 | 1299.00 | 1125.00 | 0.917 times |
| 29 Fri Nov 2024 | 1165.55 | 1035.00 | 1178.80 | 1005.00 | 0.85 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 |
| 24 Tue Dec 2024 | 983.55 | 1184.90 | 1299.00 | 940.00 | 0.705 times |
| 29 Fri Nov 2024 | 1165.55 | 903.00 | 1178.80 | 883.00 | 2.225 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 |
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 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 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 SELL. 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 buy signal for Magna Electr in short term but BUY signal is weak.
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 1010.44 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 negative.
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 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 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 SELL. 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 buy signal for Magna Electr in short term but BUY signal is weak.
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 1010.44 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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