(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 2024-02-19 View latest technical analysis
10 day averaged volume of Magna Electr is 5586
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 427.00 | 444.00 | 444.00 | 420.00 | 0.539 times |
| 16 Fri Feb 2024 | 420.35 | 449.95 | 450.00 | 410.00 | 0.65 times |
| 15 Thu Feb 2024 | 428.40 | 434.00 | 457.80 | 421.15 | 1.38 times |
| 14 Wed Feb 2024 | 425.45 | 450.00 | 450.00 | 415.00 | 0.492 times |
| 13 Tue Feb 2024 | 426.60 | 435.00 | 450.00 | 421.00 | 0.623 times |
| 12 Mon Feb 2024 | 432.50 | 444.45 | 454.00 | 431.00 | 0.8 times |
| 09 Fri Feb 2024 | 444.45 | 452.00 | 469.00 | 440.00 | 0.994 times |
| 08 Thu Feb 2024 | 453.25 | 463.70 | 469.95 | 450.00 | 0.654 times |
| 07 Wed Feb 2024 | 463.70 | 449.95 | 484.00 | 442.00 | 0.796 times |
| 06 Tue Feb 2024 | 446.70 | 469.20 | 469.20 | 415.00 | 1.277 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 433.1, but if it comes above 433.1, then a intra day buy could be more profitable.
If you take a sell trade below 433.1, then use 433.1 as stoploss and 403 as target. However if you take a buy trade in stock , then use 433.1 as stoploss and 458.21 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.20 |
| Downside Target | 410.00 |
| Downside Target | 420.00 |
| Upside Target | 436.90 |
| Upside Target | 480.90 |
| Upside Target | 484.00 |
| Upside Target | 491.00 |
| Upside Target | 504.85 |
| Upside Target | 521.20 |
| Upside Target | 542.00 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 416.67 |
| Downside Intraday Target | 406.33 |
| Upside Intraday Target | 440.67 |
| Upside Intraday Target | 454.33 |
| Upside Intraday Target | 430.33 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 427.00 | 444.00 | 444.00 | 420.00 | 0.137 times |
| 16 Fri Feb 2024 | 420.35 | 444.45 | 457.80 | 410.00 | 0.652 times |
| 09 Fri Feb 2024 | 444.45 | 470.00 | 484.00 | 400.20 | 1.509 times |
| 02 Fri Feb 2024 | 468.10 | 482.00 | 504.85 | 462.00 | 1.082 times |
| 25 Thu Jan 2024 | 492.50 | 489.00 | 589.00 | 480.90 | 1.03 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 |
| 19 Mon Feb 2024 | 427.00 | 479.00 | 484.00 | 400.20 | 0.656 times |
| 31 Wed Jan 2024 | 474.75 | 479.60 | 589.00 | 462.00 | 0.856 times |
| 29 Fri Dec 2023 | 479.60 | 470.05 | 491.00 | 436.90 | 2.17 times |
| 30 Thu Nov 2023 | 466.55 | 502.10 | 542.00 | 445.00 | 0.86 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 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 Strong and stock is losing 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 moving up
CCI has generated a buy signal for Magna Electr in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 437.95 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 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 Strong and stock is losing 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 moving up
CCI has generated a buy signal for Magna Electr in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 437.95 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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