(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 2024-02-28 View latest technical analysis
10 day averaged volume of Magna Electr is 3960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 423.95 | 439.20 | 439.20 | 416.00 | 0.832 times |
| 27 Tue Feb 2024 | 427.45 | 440.00 | 440.00 | 426.00 | 0.94 times |
| 26 Mon Feb 2024 | 428.25 | 434.95 | 448.00 | 422.10 | 1.037 times |
| 23 Fri Feb 2024 | 426.95 | 430.00 | 430.00 | 415.00 | 0.89 times |
| 22 Thu Feb 2024 | 417.50 | 425.00 | 438.95 | 416.00 | 0.829 times |
| 21 Wed Feb 2024 | 422.15 | 433.30 | 434.95 | 419.00 | 1.314 times |
| 20 Tue Feb 2024 | 424.80 | 434.95 | 434.95 | 420.00 | 0.672 times |
| 19 Mon Feb 2024 | 427.00 | 444.00 | 444.00 | 420.00 | 0.76 times |
| 16 Fri Feb 2024 | 420.35 | 449.95 | 450.00 | 410.00 | 0.917 times |
| 15 Thu Feb 2024 | 428.40 | 434.00 | 457.80 | 421.15 | 1.947 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 420 as stoploss in an intra day buy trade for a target of 436.66. However, stock will show a bearish move below 420.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 400.20 |
| Downside Target | 410.00 |
| Upside Target | 436.90 |
| Upside Target | 462.00 |
| 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 | 410.63 |
| Downside Intraday Target | 397.32 |
| Upside Intraday Target | 442.63 |
| Upside Intraday Target | 461.32 |
| Upside Intraday Target | 429.32 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 423.95 | 434.95 | 448.00 | 416.00 | 0.629 times |
| 23 Fri Feb 2024 | 426.95 | 444.00 | 444.00 | 415.00 | 0.802 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 |
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 |
| 28 Wed Feb 2024 | 423.95 | 479.00 | 484.00 | 400.20 | 0.911 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 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 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 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 but the buy 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. 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 BUY signal in short term and the buying is gaining 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 425.03 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 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 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 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 but the buy 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. 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 BUY signal in short term and the buying is gaining 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 425.03 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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