(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 2024-07-29 View latest technical analysis
10 day averaged volume of Magna Electr is 6997
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 476.85 | 472.00 | 484.90 | 464.50 | 1.626 times |
| 26 Fri Jul 2024 | 469.70 | 484.90 | 488.95 | 461.50 | 1.438 times |
| 25 Thu Jul 2024 | 484.90 | 465.00 | 487.90 | 465.00 | 0.7 times |
| 24 Wed Jul 2024 | 468.90 | 466.80 | 470.00 | 455.55 | 1.113 times |
| 23 Tue Jul 2024 | 466.80 | 466.95 | 470.00 | 446.00 | 1.766 times |
| 22 Mon Jul 2024 | 460.25 | 468.90 | 468.90 | 456.55 | 1.111 times |
| 19 Fri Jul 2024 | 455.25 | 471.60 | 485.45 | 450.35 | 1.129 times |
| 18 Thu Jul 2024 | 481.55 | 480.00 | 489.00 | 472.00 | 0.332 times |
| 16 Tue Jul 2024 | 478.45 | 477.45 | 488.05 | 470.00 | 0.297 times |
| 15 Mon Jul 2024 | 468.40 | 495.00 | 495.00 | 461.30 | 1.148 times |
My analysis of stock is bullish for shortterm, and stock might move up till 482.2 or till 493. Use a stoploss of 473.15 and if this stock hits its stoploss, then it can fall down till 464.13
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.00 |
| Downside Target | 431.00 |
| Downside Target | 446.00 |
| Downside Target | 475.00 |
| Upside Target | 488.95 |
| Upside Target | 494.00 |
| Upside Target | 494.40 |
| Upside Target | 495.00 |
| Upside Target | 504.80 |
| Upside Target | 515.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 465.93 |
| Downside Intraday Target | 455.02 |
| Upside Intraday Target | 486.33 |
| Upside Intraday Target | 495.82 |
| Downside Intraday Target | 475.42 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 476.85 | 472.00 | 484.90 | 464.50 | 0.265 times |
| 26 Fri Jul 2024 | 469.70 | 468.90 | 488.95 | 446.00 | 2.109 times |
| 19 Fri Jul 2024 | 455.25 | 495.00 | 495.00 | 450.35 | 0.935 times |
| 12 Fri Jul 2024 | 492.00 | 491.00 | 494.40 | 462.05 | 0.981 times |
| 05 Fri Jul 2024 | 484.15 | 464.00 | 494.00 | 456.00 | 0.935 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 |
| 29 Mon Jul 2024 | 476.85 | 464.00 | 495.00 | 446.00 | 1.643 times |
| 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 469.18 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 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 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 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 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 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.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 469.18 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 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 positive
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