(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 2024-04-03 View latest technical analysis
10 day averaged volume of Magna Electr is 4217
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 460.70 | 459.00 | 463.50 | 451.40 | 0.723 times |
| 02 Tue Apr 2024 | 460.30 | 455.00 | 465.00 | 450.00 | 1.172 times |
| 01 Mon Apr 2024 | 451.00 | 437.90 | 457.00 | 431.00 | 0.563 times |
| 28 Thu Mar 2024 | 431.10 | 434.95 | 437.90 | 425.10 | 0.871 times |
| 27 Wed Mar 2024 | 425.95 | 427.50 | 432.00 | 420.00 | 1.185 times |
| 26 Tue Mar 2024 | 427.50 | 435.00 | 439.95 | 426.00 | 0.668 times |
| 22 Fri Mar 2024 | 433.25 | 435.00 | 435.00 | 423.00 | 0.384 times |
| 21 Thu Mar 2024 | 421.25 | 422.30 | 431.80 | 420.00 | 0.848 times |
| 20 Wed Mar 2024 | 421.35 | 429.00 | 434.90 | 415.00 | 0.454 times |
| 19 Tue Mar 2024 | 429.00 | 425.55 | 440.00 | 425.55 | 0.469 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 454.2, but if it comes below 454.2, then a intra day sell could be more profitable.
If you take a sell trade below 454.2, then use 454.2 as stoploss and 435.39 as target. However if you take a buy trade in stock , then use 454.2 as stoploss and 476.8 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 | 439.47 |
| Downside Intraday Target | 418.23 |
| Upside Intraday Target | 473.47 |
| Upside Intraday Target | 486.23 |
| Downside Intraday Target | 452.23 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 460.70 | 437.90 | 465.00 | 431.00 | 0.902 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 |
| 03 Wed Apr 2024 | 460.70 | 437.90 | 465.00 | 431.00 | 0.136 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing 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 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 but buying is losing 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 437.29 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing 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 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 but buying is losing 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 437.29 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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