(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 3045
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 179.60 | 182.05 | 182.05 | 177.95 | 0.309 times |
| 20 Fri May 2022 | 171.65 | 187.00 | 187.00 | 171.00 | 0.842 times |
| 19 Thu May 2022 | 175.60 | 183.00 | 183.00 | 175.05 | 0.099 times |
| 18 Wed May 2022 | 178.15 | 183.50 | 183.75 | 174.10 | 0.469 times |
| 17 Tue May 2022 | 176.95 | 181.00 | 184.00 | 171.15 | 4.604 times |
| 16 Mon May 2022 | 181.90 | 196.40 | 196.40 | 180.75 | 0.07 times |
| 13 Fri May 2022 | 188.15 | 185.00 | 188.95 | 185.00 | 0.989 times |
| 12 Thu May 2022 | 185.00 | 178.25 | 187.00 | 175.00 | 1.081 times |
| 11 Wed May 2022 | 178.10 | 183.45 | 183.45 | 175.50 | 0.809 times |
| 10 Tue May 2022 | 184.70 | 188.00 | 188.00 | 182.50 | 0.699 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 177.4 as stoploss in an intra day buy trade for a target of 187.42. However, stock will show a bearish move below 177.4.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 171.00 |
| Downside Target | 175.00 |
| Upside Target | 182.05 |
| Upside Target | 188.95 |
| 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 | 177.68 |
| Downside Intraday Target | 175.77 |
| Upside Intraday Target | 181.78 |
| Upside Intraday Target | 183.97 |
| Upside Intraday Target | 179.87 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 179.60 | 182.05 | 182.05 | 177.95 | 0.051 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 |
| 23 Mon May 2022 | 179.60 | 208.80 | 208.90 | 171.00 | 1.437 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, 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 | 8, 21, 46 | Sell |
| MACD | -13, -12 | Sell |
| Stochastics | 18 | Sell |
| CCI | -23 | Buy |
| RSI | 45 | Sell |
| OBV | -27182 | Sell |
| VWAP | 179 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell 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 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 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 179.28 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 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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