(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)
10 day averaged volume of Magna Electr is 3225
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 460.05 | 453.05 | 465.00 | 453.05 | 1.032 times |
| 07 Tue May 2024 | 459.00 | 448.00 | 477.90 | 448.00 | 3.185 times |
| 06 Mon May 2024 | 452.00 | 455.00 | 455.00 | 442.20 | 0.667 times |
| 03 Fri May 2024 | 453.20 | 460.00 | 467.95 | 445.15 | 1.41 times |
| 02 Thu May 2024 | 461.15 | 468.35 | 478.00 | 457.50 | 1.256 times |
My analysis of stock is bearish for shortterm, and stock might move down till 454 or till 439.6. Use a stoploss of 466.02 and if the stock hits stoploss, then it can shoot up till 478.04
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 388.00 |
| Downside Target | 400.20 |
| Downside Target | 431.00 |
| Downside Target | 442.20 |
| Upside Target | 462.00 |
| Upside Target | 479.85 |
| Upside Target | 480.00 |
| Upside Target | 484.00 |
| Upside Target | 494.00 |
| Upside Target | 504.80 |
| Upside Target | 589.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 442.2 |
| Downside Intraday Target | 424.35 |
| Upside Intraday Target | 477.9 |
| Upside Intraday Target | 495.75 |
| Downside Intraday Target | 460.05 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 460.05 | 455.00 | 477.90 | 442.20 | 1.357 times |
| 03 Fri May 2024 | 453.20 | 475.00 | 480.00 | 445.15 | 0.881 times |
| 26 Fri Apr 2024 | 474.80 | 488.95 | 504.80 | 469.95 | 0.476 times |
| 19 Fri Apr 2024 | 457.00 | 448.05 | 468.90 | 446.55 | 2.183 times |
| 12 Fri Apr 2024 | 476.05 | 463.00 | 494.00 | 445.40 | 0.811 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 |
| 08 Wed May 2024 | 460.05 | 468.35 | 478.00 | 442.20 | 0.337 times |
| 30 Tue Apr 2024 | 468.35 | 437.90 | 504.80 | 431.00 | 0.947 times |
| 28 Thu Mar 2024 | 431.10 | 458.95 | 479.85 | 388.00 | 0.704 times |
| 29 Thu Feb 2024 | 447.05 | 479.00 | 484.00 | 400.20 | 1.071 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 16, 20 | Buy |
| MACD | 5, 9 | Sell |
| Stochastics | 27 | Sell |
| CCI | -59 | Sell |
| RSI | 56 | Buy |
| OBV | 773 | Sell |
| VWAP | 462 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer 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.
ADX buy sell signal for Magna Electr stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 but buying 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 461.88 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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