(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 2024-12-30 View latest technical analysis
10 day averaged volume of Magna Electr is 6708
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 910.35 | 964.00 | 964.00 | 905.00 | 0.949 times |
| 27 Fri Dec 2024 | 937.80 | 932.05 | 958.95 | 930.00 | 0.188 times |
| 26 Thu Dec 2024 | 937.35 | 965.05 | 1000.00 | 926.05 | 0.206 times |
| 24 Tue Dec 2024 | 983.55 | 1028.00 | 1028.00 | 960.00 | 0.118 times |
| 23 Mon Dec 2024 | 985.00 | 985.00 | 1000.00 | 985.00 | 2.014 times |
| 20 Fri Dec 2024 | 962.75 | 977.10 | 1049.00 | 955.00 | 0.466 times |
| 19 Thu Dec 2024 | 1000.00 | 962.30 | 1019.75 | 940.00 | 1.644 times |
| 18 Wed Dec 2024 | 1000.35 | 1005.00 | 1039.00 | 992.00 | 1.888 times |
| 17 Tue Dec 2024 | 1003.10 | 1048.00 | 1075.00 | 983.00 | 0.642 times |
| 16 Mon Dec 2024 | 1033.35 | 1040.00 | 1095.00 | 1021.35 | 1.395 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 958.3, but if it comes above 958.3, then a intra day buy could be more profitable.
If you take a sell trade below 958.3, then use 958.3 as stoploss and 833.7 as target. However if you take a buy trade in stock , then use 958.3 as stoploss and 1062.2 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 444.00 |
| Downside Target | 735.05 |
| Downside Target | 761.05 |
| Downside Target | 827.95 |
| Downside Target | 883.00 |
| Downside Target | 905.00 |
| Upside Target | 964.00 |
| Upside Target | 1016.30 |
| Upside Target | 1095.00 |
| Upside Target | 1125.00 |
| Upside Target | 1178.80 |
| Upside Target | 1215.15 |
| Upside Target | 1299.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 888.9 |
| Downside Intraday Target | 867.45 |
| Upside Intraday Target | 947.9 |
| Upside Intraday Target | 985.45 |
| Upside Intraday Target | 926.45 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 910.35 | 964.00 | 964.00 | 905.00 | 0.376 times |
| 27 Fri Dec 2024 | 937.80 | 985.00 | 1028.00 | 926.05 | 0.419 times |
| 20 Fri Dec 2024 | 962.75 | 1040.00 | 1095.00 | 940.00 | 1.764 times |
| 13 Fri Dec 2024 | 1031.95 | 1130.75 | 1215.15 | 1016.30 | 1.077 times |
| 06 Fri Dec 2024 | 1130.75 | 1184.90 | 1299.00 | 1125.00 | 0.917 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 |
| 30 Mon Dec 2024 | 910.35 | 1184.90 | 1299.00 | 905.00 | 0.77 times |
| 29 Fri Nov 2024 | 1165.55 | 903.00 | 1178.80 | 883.00 | 2.225 times |
| 31 Thu Oct 2024 | 903.00 | 790.00 | 919.95 | 761.05 | 1.508 times |
| 30 Mon Sep 2024 | 800.00 | 792.00 | 827.95 | 735.05 | 0.128 times |
Scroll below to view daily charts
Price has moved down 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 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term and SELL 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
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 988.43 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Magna Electr in short term and SELL 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
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 988.43 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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