(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 2024-06-28 View latest technical analysis
10 day averaged volume of Magna Electr is 4476
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 462.00 | 466.00 | 466.00 | 452.10 | 0.398 times |
| 27 Thu Jun 2024 | 459.00 | 459.95 | 469.00 | 453.10 | 2.387 times |
| 26 Wed Jun 2024 | 448.10 | 474.90 | 474.90 | 440.00 | 2.017 times |
| 25 Tue Jun 2024 | 466.45 | 465.60 | 475.00 | 465.00 | 0.165 times |
| 24 Mon Jun 2024 | 457.00 | 464.00 | 464.00 | 452.20 | 0.33 times |
| 21 Fri Jun 2024 | 457.00 | 464.00 | 464.00 | 452.20 | 0.33 times |
| 20 Thu Jun 2024 | 463.15 | 459.00 | 464.90 | 453.00 | 0.216 times |
| 19 Wed Jun 2024 | 459.00 | 462.20 | 471.00 | 458.05 | 2 times |
| 18 Tue Jun 2024 | 460.40 | 465.05 | 470.00 | 456.00 | 1.442 times |
| 14 Fri Jun 2024 | 453.00 | 449.95 | 454.95 | 446.15 | 0.557 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 461.1, but if it comes below 461.1, then a intra day sell could be more profitable.
If you take a sell trade below 461.1, then use 461.1 as stoploss and 453.02 as target. However if you take a buy trade in stock , then use 461.1 as stoploss and 470.8 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.00 |
| Downside Target | 431.00 |
| Downside Target | 452.20 |
| Upside Target | 471.00 |
| Upside Target | 475.00 |
| Upside Target | 479.85 |
| Upside Target | 484.00 |
| Upside Target | 504.80 |
| Upside Target | 515.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 443 |
| Downside Intraday Target | 424 |
| Upside Intraday Target | 478 |
| Upside Intraday Target | 494 |
| Downside Intraday Target | 459 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 462.00 | 464.00 | 475.00 | 440.00 | 1.328 times |
| 21 Fri Jun 2024 | 457.00 | 465.05 | 471.00 | 452.20 | 1.233 times |
| 14 Fri Jun 2024 | 453.00 | 450.00 | 460.95 | 436.50 | 0.902 times |
| 07 Fri Jun 2024 | 449.85 | 473.70 | 473.70 | 400.00 | 0.655 times |
| 31 Fri May 2024 | 459.90 | 459.00 | 515.00 | 441.05 | 1.809 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 |
| 28 Fri Jun 2024 | 462.00 | 473.70 | 475.00 | 400.00 | 0.795 times |
| 31 Fri May 2024 | 459.90 | 468.35 | 515.00 | 431.55 | 1.257 times |
| 30 Tue Apr 2024 | 468.35 | 437.90 | 504.80 | 431.00 | 0.947 times |
| 28 Thu Mar 2024 | 431.10 | 458.95 | 479.85 | 388.00 | 0.704 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 SELL signal for Magna Electr in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 456.83 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 SELL signal for Magna Electr in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 456.83 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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