(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 2024-04-02 View latest technical analysis
10 day averaged volume of Magna Electr is 3842
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 460.30 | 455.00 | 465.00 | 450.00 | 1.286 times |
| 01 Mon Apr 2024 | 451.00 | 437.90 | 457.00 | 431.00 | 0.618 times |
| 28 Thu Mar 2024 | 431.10 | 434.95 | 437.90 | 425.10 | 0.955 times |
| 27 Wed Mar 2024 | 425.95 | 427.50 | 432.00 | 420.00 | 1.301 times |
| 26 Tue Mar 2024 | 427.50 | 435.00 | 439.95 | 426.00 | 0.733 times |
| 22 Fri Mar 2024 | 433.25 | 435.00 | 435.00 | 423.00 | 0.422 times |
| 21 Thu Mar 2024 | 421.25 | 422.30 | 431.80 | 420.00 | 0.931 times |
| 20 Wed Mar 2024 | 421.35 | 429.00 | 434.90 | 415.00 | 0.498 times |
| 19 Tue Mar 2024 | 429.00 | 425.55 | 440.00 | 425.55 | 0.515 times |
| 18 Mon Mar 2024 | 426.00 | 429.95 | 429.95 | 406.00 | 3.718 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 453.7, but if it comes below 453.7, then a intra day sell could be more profitable.
If you take a sell trade below 453.7, then use 453.7 as stoploss and 435.17 as target. However if you take a buy trade in stock , then use 453.7 as stoploss and 476 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.20 |
| Downside Target | 420.00 |
| Downside Target | 431.00 |
| Upside Target | 462.00 |
| Upside Target | 465.00 |
| Upside Target | 477.85 |
| Upside Target | 479.85 |
| Upside Target | 484.00 |
| Upside Target | 491.00 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 439.2 |
| Downside Intraday Target | 418.1 |
| Upside Intraday Target | 473.2 |
| Upside Intraday Target | 486.1 |
| Downside Intraday Target | 452.1 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 460.30 | 437.90 | 465.00 | 431.00 | 0.637 times |
| 28 Thu Mar 2024 | 431.10 | 435.00 | 439.95 | 420.00 | 0.491 times |
| 22 Fri Mar 2024 | 433.25 | 429.95 | 440.00 | 406.00 | 0.957 times |
| 15 Fri Mar 2024 | 406.50 | 458.00 | 479.85 | 388.00 | 2.18 times |
| 07 Thu Mar 2024 | 448.15 | 464.90 | 477.85 | 434.00 | 0.341 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 |
| 02 Tue Apr 2024 | 460.30 | 437.90 | 465.00 | 431.00 | 0.096 times |
| 28 Thu Mar 2024 | 431.10 | 458.95 | 479.85 | 388.00 | 0.704 times |
| 29 Thu Feb 2024 | 447.05 | 479.00 | 484.00 | 400.20 | 1.071 times |
| 31 Wed Jan 2024 | 474.75 | 479.60 | 589.00 | 462.00 | 0.856 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy 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 red color and prices are in or above the red 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 431.77 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy 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 red color and prices are in or above the red 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 431.77 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.
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