(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 2024-04-09 View latest technical analysis
10 day averaged volume of Magna Electr is 3026
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 450.55 | 455.50 | 458.00 | 445.40 | 0.138 times |
| 08 Mon Apr 2024 | 455.40 | 463.00 | 463.00 | 452.05 | 0.506 times |
| 05 Fri Apr 2024 | 463.00 | 460.00 | 465.00 | 448.00 | 0.792 times |
| 04 Thu Apr 2024 | 455.90 | 450.05 | 464.95 | 441.05 | 0.946 times |
| 03 Wed Apr 2024 | 460.70 | 459.00 | 463.50 | 451.40 | 1.008 times |
| 02 Tue Apr 2024 | 460.30 | 455.00 | 465.00 | 450.00 | 1.633 times |
| 01 Mon Apr 2024 | 451.00 | 437.90 | 457.00 | 431.00 | 0.784 times |
| 28 Thu Mar 2024 | 431.10 | 434.95 | 437.90 | 425.10 | 1.213 times |
| 27 Wed Mar 2024 | 425.95 | 427.50 | 432.00 | 420.00 | 1.651 times |
| 26 Tue Mar 2024 | 427.50 | 435.00 | 439.95 | 426.00 | 0.931 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 454.4 as stoploss in an intra day sell trade for a target of 435.54. However, stock will show a bullish move above 454.4.
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 | 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 | 442.97 |
| Downside Intraday Target | 435.38 |
| Upside Intraday Target | 460.57 |
| Upside Intraday Target | 470.58 |
| Upside Intraday Target | 452.98 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 450.55 | 463.00 | 463.00 | 445.40 | 0.125 times |
| 05 Fri Apr 2024 | 463.00 | 437.90 | 465.00 | 431.00 | 1.361 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 |
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 |
| 09 Tue Apr 2024 | 450.55 | 437.90 | 465.00 | 431.00 | 0.231 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL 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 446.2 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL 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 446.2 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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