(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 3648
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 243.60 | 203.00 | 243.60 | 203.00 | 7.746 times |
| 05 Fri Aug 2022 | 203.00 | 197.25 | 209.90 | 197.25 | 1.218 times |
| 04 Thu Aug 2022 | 199.45 | 187.05 | 202.00 | 187.05 | 1.17 times |
| 03 Wed Aug 2022 | 187.05 | 187.05 | 194.50 | 187.05 | 0.069 times |
| 02 Tue Aug 2022 | 193.35 | 193.35 | 193.35 | 193.35 | 0.003 times |
| 01 Mon Aug 2022 | 193.35 | 186.85 | 195.00 | 186.85 | 0.538 times |
| 30 Sat Jul 2022 | 190.60 | 190.05 | 195.95 | 186.00 | 0.329 times |
| 28 Thu Jul 2022 | 193.35 | 196.90 | 196.90 | 186.05 | 0.394 times |
| 27 Wed Jul 2022 | 186.00 | 188.50 | 188.75 | 183.70 | 1.008 times |
| 26 Tue Jul 2022 | 192.85 | 214.60 | 214.60 | 191.00 | 1.284 times |
Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 224.2, for a target of 204.8 or 188.63
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 150.95 |
| Downside Target | 165.00 |
| Downside Target | 170.00 |
| Downside Target | 179.00 |
| Downside Target | 183.70 |
| Downside Target | 192.90 |
| Downside Target | 203.00 |
| Downside Target | 208.90 |
| Downside Target | 209.90 |
| Downside Target | 214.60 |
| Downside Target | 214.85 |
| Downside Target | 243.60 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 216.53 |
| Downside Intraday Target | 189.47 |
| Upside Intraday Target | 257.13 |
| Upside Intraday Target | 270.67 |
| Downside Intraday Target | 230.07 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 243.60 | 203.00 | 243.60 | 203.00 | 2.584 times |
| 05 Fri Aug 2022 | 203.00 | 186.85 | 209.90 | 186.85 | 0.428 times |
| 30 Sat Jul 2022 | 190.60 | 189.50 | 214.60 | 183.70 | 2.685 times |
| 22 Fri Jul 2022 | 181.15 | 170.00 | 184.90 | 170.00 | 1.769 times |
| 15 Fri Jul 2022 | 168.25 | 175.00 | 179.00 | 165.00 | 5.608 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Magna Electr (MagnaElectr)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 243.60 | 186.85 | 243.60 | 186.85 | 0.945 times |
| 30 Sat Jul 2022 | 190.60 | 174.95 | 214.60 | 165.00 | 1.447 times |
| 30 Thu Jun 2022 | 170.05 | 179.95 | 180.00 | 150.95 | 0.456 times |
| 31 Tue May 2022 | 177.45 | 208.80 | 208.90 | 171.00 | 1.704 times |
Scroll below to view daily charts
Price has moved up 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 | 51, 9, 71 | Buy |
| MACD | 16, 10 | Buy |
| Stochastics | 74 | Buy |
| CCI | 266 | Buy |
| RSI | 66 | Buy |
| OBV | 51812 | Sell |
| VWAP | 222 | Buy |
| ADL | 0 | Sell |
| ROC | 19 | Buy |
| Force Index | 0 | Sell |
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 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 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 BUY signal for Magna Electr in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magna Electr in short term and BUY 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
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 222.33 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 rising upwards.
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 is giving positive 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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