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(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 2025

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 373.20 385.00 385.00 364.00 0.516 times
25 Wed Jan 2023 378.75 373.85 387.35 355.05 2.915 times
24 Tue Jan 2023 372.95 395.00 395.00 368.55 1.139 times
23 Mon Jan 2023 387.90 388.00 395.00 383.00 1.619 times
20 Fri Jan 2023 377.45 389.45 389.45 377.00 0.38 times
19 Thu Jan 2023 378.95 375.70 390.00 375.70 0.399 times
18 Wed Jan 2023 384.40 392.90 392.90 375.05 0.347 times
17 Tue Jan 2023 387.50 382.70 394.95 382.40 1.441 times
16 Mon Jan 2023 382.40 397.95 397.95 370.00 1.091 times
13 Fri Jan 2023 382.25 393.30 393.30 379.60 0.272 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 372, for a target of 377.3 or 381.7

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 300.00
Downside Target 320.40
Downside Target 334.25
Downside Target 351.00
Downside Target 370.00
Upside Target 393.40
Upside Target 393.75
Upside Target 395.00
Upside Target 397.95
Upside Target 400.00
Upside Target 426.00
Upside Target 436.55

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 353.83
Downside Intraday Target 334.47
Upside Intraday Target 393.78
Upside Intraday Target 414.37
Upside Intraday Target 374.42

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
27 Fri Jan 2023 373.20 388.00 395.00 355.05 1.692 times
20 Fri Jan 2023 377.45 397.95 397.95 370.00 1.583 times
13 Fri Jan 2023 382.25 399.00 400.00 372.10 0.566 times
06 Fri Jan 2023 381.90 389.00 393.75 375.10 0.824 times
30 Fri Dec 2022 379.95 351.00 393.40 351.00 0.569 times

Price has moved down 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
27 Fri Jan 2023 373.20 389.00 400.00 355.05 0.515 times
30 Fri Dec 2022 379.95 426.00 426.00 334.25 0.668 times
30 Wed Nov 2022 414.00 326.15 436.55 320.40 2.754 times
31 Mon Oct 2022 338.00 330.00 353.40 301.10 0.291 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)

Indicator Name Indicator Value Indicator Signal
ADX 9, 20, 37 Sell
MACD 1, 2Sell
Stochastics 36None
CCI -130Buy
RSI 49Sell
OBV 8266Sell
VWAP 381Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 but the sell signal is initial and weak.

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 381.17 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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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