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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 2024-12-31 View latest technical analysis

10 day averaged volume of Magna Electr is 6380

Date Daily Closing Price Open High Low Volume
31 Tue Dec 2024 898.00 910.35 915.00 850.00 1.568 times
30 Mon Dec 2024 910.35 964.00 964.00 905.00 0.998 times
27 Fri Dec 2024 937.80 932.05 958.95 930.00 0.198 times
26 Thu Dec 2024 937.35 965.05 1000.00 926.05 0.217 times
24 Tue Dec 2024 983.55 1028.00 1028.00 960.00 0.124 times
23 Mon Dec 2024 985.00 985.00 1000.00 985.00 2.117 times
20 Fri Dec 2024 962.75 977.10 1049.00 955.00 0.489 times
19 Thu Dec 2024 1000.00 962.30 1019.75 940.00 1.729 times
18 Wed Dec 2024 1000.35 1005.00 1039.00 992.00 1.985 times
17 Tue Dec 2024 1003.10 1048.00 1075.00 983.00 0.675 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 943.9, but if it comes above 943.9, then a intra day buy could be more profitable.
If you take a sell trade below 943.9, then use 943.9 as stoploss and 822.5 as target. However if you take a buy trade in stock , then use 943.9 as stoploss and 1045.04 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 850.00
Downside Target 883.00
Upside Target 910.00
Upside Target 964.00
Upside Target 1016.30
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 844
Downside Intraday Target 790
Upside Intraday Target 958
Upside Intraday Target 1018
Upside Intraday Target 904

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
31 Tue Dec 2024 898.00 964.00 964.00 850.00 0.966 times
27 Fri Dec 2024 937.80 985.00 1028.00 926.05 0.419 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

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
31 Tue Dec 2024 898.00 1184.90 1299.00 850.00 0.841 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.

Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 967.86 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.

Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 967.86 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.

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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