(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 2882
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu May 2022 | 172.90 | 172.55 | 179.85 | 171.00 | 0.176 times |
| 25 Wed May 2022 | 172.55 | 177.55 | 179.95 | 171.05 | 0.741 times |
| 24 Tue May 2022 | 180.00 | 179.05 | 188.90 | 179.05 | 0.319 times |
| 23 Mon May 2022 | 179.60 | 182.05 | 182.05 | 177.95 | 0.326 times |
| 20 Fri May 2022 | 171.65 | 187.00 | 187.00 | 171.00 | 0.89 times |
| 19 Thu May 2022 | 175.60 | 183.00 | 183.00 | 175.05 | 0.104 times |
| 18 Wed May 2022 | 178.15 | 183.50 | 183.75 | 174.10 | 0.495 times |
| 17 Tue May 2022 | 176.95 | 181.00 | 184.00 | 171.15 | 4.864 times |
| 16 Mon May 2022 | 181.90 | 196.40 | 196.40 | 180.75 | 0.074 times |
| 13 Fri May 2022 | 188.15 | 185.00 | 188.95 | 185.00 | 1.045 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 175, but if it comes above 175, then a intra day buy could be more profitable.
If you take a sell trade below 175, then use 175 as stoploss and 165.1 as target. However if you take a buy trade in stock , then use 175 as stoploss and 183.15 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 171.00 |
| Upside Target | 175.00 |
| Upside Target | 188.90 |
| Upside Target | 196.50 |
| Upside Target | 208.90 |
| Upside Target | 209.45 |
| Upside Target | 214.85 |
| Upside Target | 230.00 |
| Upside Target | 246.45 |
| Upside Target | 264.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 166.3 |
| Downside Intraday Target | 159.7 |
| Upside Intraday Target | 184.2 |
| Upside Intraday Target | 195.5 |
| Upside Intraday Target | 177.6 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu May 2022 | 172.90 | 182.05 | 188.90 | 171.00 | 0.243 times |
| 20 Fri May 2022 | 171.65 | 196.40 | 196.40 | 171.00 | 1.554 times |
| 13 Fri May 2022 | 188.15 | 187.00 | 188.95 | 175.00 | 0.552 times |
| 06 Fri May 2022 | 184.00 | 208.80 | 208.90 | 175.25 | 3.024 times |
| 29 Fri Apr 2022 | 198.45 | 205.00 | 209.45 | 196.50 | 0.839 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 |
| 26 Thu May 2022 | 172.90 | 208.80 | 208.90 | 171.00 | 1.533 times |
| 29 Fri Apr 2022 | 198.45 | 201.10 | 214.85 | 192.90 | 0.947 times |
| 31 Thu Mar 2022 | 199.75 | 215.30 | 230.00 | 195.00 | 0.753 times |
| 28 Mon Feb 2022 | 215.30 | 225.00 | 246.45 | 192.10 | 0.306 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Magna Electr (MagnaElectr)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 11, 23, 34 | Sell |
| MACD | -13, -12 | Sell |
| Stochastics | 16 | Sell |
| CCI | -93 | Buy |
| RSI | 39 | Sell |
| OBV | -30169 | Sell |
| VWAP | 178 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 buy signal for Magna Electr in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 177.58 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