(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 2024-03-20 View latest technical analysis
10 day averaged volume of Magna Electr is 4788
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 421.35 | 429.00 | 434.90 | 415.00 | 0.4 times |
| 19 Tue Mar 2024 | 429.00 | 425.55 | 440.00 | 425.55 | 0.413 times |
| 18 Mon Mar 2024 | 426.00 | 429.95 | 429.95 | 406.00 | 2.984 times |
| 15 Fri Mar 2024 | 406.50 | 407.00 | 426.60 | 401.00 | 0.249 times |
| 14 Thu Mar 2024 | 404.05 | 395.00 | 428.40 | 388.00 | 0.827 times |
| 13 Wed Mar 2024 | 402.45 | 444.10 | 444.10 | 391.55 | 2.543 times |
| 12 Tue Mar 2024 | 435.35 | 479.85 | 479.85 | 425.15 | 0.86 times |
| 11 Mon Mar 2024 | 450.20 | 458.00 | 460.00 | 448.05 | 0.623 times |
| 07 Thu Mar 2024 | 448.15 | 458.80 | 458.80 | 448.00 | 0.165 times |
| 06 Wed Mar 2024 | 450.70 | 463.95 | 463.95 | 445.10 | 0.648 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 415.5 as stoploss in an intra day buy trade for a target of 434.12. However, stock will show a bearish move below 415.5.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.20 |
| Downside Target | 415.00 |
| Upside Target | 434.00 |
| Upside Target | 462.00 |
| Upside Target | 477.85 |
| Upside Target | 479.85 |
| Upside Target | 484.00 |
| Upside Target | 491.00 |
| Upside Target | 542.00 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 404.9 |
| Downside Intraday Target | 388.45 |
| Upside Intraday Target | 438.9 |
| Upside Intraday Target | 456.45 |
| Upside Intraday Target | 422.45 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 421.35 | 429.95 | 440.00 | 406.00 | 0.744 times |
| 15 Fri Mar 2024 | 406.50 | 458.00 | 479.85 | 388.00 | 2.18 times |
| 07 Thu Mar 2024 | 448.15 | 464.90 | 477.85 | 434.00 | 0.341 times |
| 02 Sat Mar 2024 | 456.35 | 434.95 | 464.80 | 415.05 | 1.86 times |
| 23 Fri Feb 2024 | 426.95 | 444.00 | 444.00 | 415.00 | 0.802 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 |
| 20 Wed Mar 2024 | 421.35 | 458.95 | 479.85 | 388.00 | 0.549 times |
| 29 Thu Feb 2024 | 447.05 | 479.00 | 484.00 | 400.20 | 1.071 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 but selling 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 421.81 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 but selling 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 421.81 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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