(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 2024-09-27 View latest technical analysis
10 day averaged volume of Magna Electr is 1939
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 811.90 | 780.20 | 811.90 | 780.20 | 1.07 times |
| 26 Thu Sep 2024 | 796.00 | 822.90 | 822.90 | 795.10 | 0.395 times |
| 25 Wed Sep 2024 | 810.00 | 822.40 | 822.40 | 800.00 | 1.411 times |
| 24 Tue Sep 2024 | 806.30 | 806.30 | 806.30 | 806.30 | 0.362 times |
| 23 Mon Sep 2024 | 790.50 | 763.00 | 790.50 | 763.00 | 0.642 times |
| 20 Fri Sep 2024 | 775.00 | 781.30 | 781.30 | 770.00 | 1.746 times |
| 19 Thu Sep 2024 | 766.00 | 766.00 | 766.00 | 766.00 | 1.305 times |
| 18 Wed Sep 2024 | 751.00 | 751.85 | 751.85 | 751.00 | 1.207 times |
| 17 Tue Sep 2024 | 737.15 | 735.05 | 737.15 | 735.05 | 0.917 times |
| 16 Mon Sep 2024 | 750.00 | 774.10 | 774.10 | 743.80 | 1.107 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 820.4, for a target of 794.8 or 773.43
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.00 |
| Downside Target | 431.55 |
| Downside Target | 444.00 |
| Downside Target | 475.00 |
| Downside Target | 495.00 |
| Downside Target | 515.00 |
| Downside Target | 735.05 |
| Downside Target | 760.30 |
| Downside Target | 781.30 |
| Downside Target | 807.75 |
| Upside Target | 822.90 |
| Upside Target | 910.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 775.63 |
| Downside Intraday Target | 739.37 |
| Upside Intraday Target | 835.53 |
| Upside Intraday Target | 859.17 |
| Downside Intraday Target | 799.27 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 811.90 | 763.00 | 822.90 | 763.00 | 0.617 times |
| 20 Fri Sep 2024 | 775.00 | 774.10 | 781.30 | 735.05 | 1.639 times |
| 13 Fri Sep 2024 | 758.95 | 775.00 | 790.00 | 744.10 | 0.532 times |
| 06 Fri Sep 2024 | 775.00 | 792.00 | 792.00 | 760.30 | 1.109 times |
| 30 Fri Aug 2024 | 807.75 | 910.00 | 910.00 | 807.75 | 0.31 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 |
| 27 Fri Sep 2024 | 811.90 | 792.00 | 822.90 | 735.05 | 0.126 times |
| 30 Fri Aug 2024 | 807.75 | 490.00 | 910.00 | 444.00 | 2.578 times |
| 31 Wed Jul 2024 | 481.65 | 464.00 | 495.00 | 446.00 | 1.763 times |
| 28 Fri Jun 2024 | 462.00 | 473.70 | 475.00 | 400.00 | 0.795 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 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 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 BUY. 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 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 moving up
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 but buying is losing 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 776.5 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 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 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 BUY. 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 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 moving up
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 but buying is losing 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 776.5 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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