(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, 2 | Sell |
| Stochastics | 36 | None |
| CCI | -130 | Buy |
| RSI | 49 | Sell |
| OBV | 8266 | Sell |
| VWAP | 381 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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.
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