(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 2024-03-21 View latest technical analysis
10 day averaged volume of Magna Electr is 4650
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 421.25 | 422.30 | 431.80 | 420.00 | 0.769 times |
20 Wed Mar 2024 | 421.35 | 429.00 | 434.90 | 415.00 | 0.412 times |
19 Tue Mar 2024 | 429.00 | 425.55 | 440.00 | 425.55 | 0.426 times |
18 Mon Mar 2024 | 426.00 | 429.95 | 429.95 | 406.00 | 3.072 times |
15 Fri Mar 2024 | 406.50 | 407.00 | 426.60 | 401.00 | 0.256 times |
14 Thu Mar 2024 | 404.05 | 395.00 | 428.40 | 388.00 | 0.851 times |
13 Wed Mar 2024 | 402.45 | 444.10 | 444.10 | 391.55 | 2.618 times |
12 Tue Mar 2024 | 435.35 | 479.85 | 479.85 | 425.15 | 0.886 times |
11 Mon Mar 2024 | 450.20 | 458.00 | 460.00 | 448.05 | 0.642 times |
07 Thu Mar 2024 | 448.15 | 458.80 | 458.80 | 448.00 | 0.17 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 415.9 as stoploss in an intra day buy trade for a target of 434.31. However, stock will show a bearish move below 415.9.
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 | 404.83 |
Downside Intraday Target | 388.42 |
Upside Intraday Target | 438.83 |
Upside Intraday Target | 456.42 |
Upside Intraday Target | 422.42 |
Weekly technical analysis of Magna Electr (MagnaElectr)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 421.25 | 429.95 | 440.00 | 406.00 | 0.89 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 |
21 Thu Mar 2024 | 421.25 | 458.95 | 479.85 | 388.00 | 0.582 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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 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
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 419.86 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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 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
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 419.86 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 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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