Login or Join
 Learn then Earn

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

(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)

Showing technical analysis as on 2021-08-20 View latest technical analysis

10 day averaged volume of Magna Electr is 3945

Date Daily Closing Price Open High Low Volume
20 Fri Aug 2021 172.40 175.10 179.75 170.05 0.652 times
18 Wed Aug 2021 175.20 181.85 181.95 173.50 0.642 times
17 Tue Aug 2021 175.65 181.05 181.05 173.05 0.098 times
16 Mon Aug 2021 175.15 182.75 182.75 172.65 0.57 times
13 Fri Aug 2021 173.65 183.95 183.95 171.10 0.744 times
12 Thu Aug 2021 174.35 165.05 183.00 165.05 0.669 times
11 Wed Aug 2021 168.00 181.40 181.40 166.50 2.415 times
10 Tue Aug 2021 176.10 183.90 183.90 172.25 1.252 times
09 Mon Aug 2021 179.70 181.00 185.00 177.80 0.71 times
06 Fri Aug 2021 177.80 184.85 184.85 175.05 1.681 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 173.8, but if it comes above 173.8, then a intra day buy could be more profitable.
If you take a sell trade below 173.8, then use 173.8 as stoploss and 167.6 as target. However if you take a buy trade in stock , then use 173.8 as stoploss and 178.88 as target.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 147.05
Downside Target 150.00
Downside Target 165.05
Downside Target 170.05
Upside Target 175.05
Upside Target 178.55
Upside Target 182.75
Upside Target 188.00
Upside Target 192.00
Upside Target 193.00
Upside Target 193.05
Upside Target 198.50

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 167.38
Downside Intraday Target 162.37
Upside Intraday Target 180.08
Upside Intraday Target 187.77
Upside Intraday Target 175.07

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
20 Fri Aug 2021 172.40 182.75 182.75 170.05 0.339 times
13 Fri Aug 2021 173.65 181.00 185.00 165.05 0.692 times
06 Fri Aug 2021 177.80 193.00 193.00 175.05 0.933 times
30 Fri Jul 2021 189.50 185.05 193.05 178.55 1.449 times
23 Fri Jul 2021 187.20 181.55 192.00 175.05 0.933 times

Price has moved down 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
20 Fri Aug 2021 172.40 193.00 193.00 165.05 0.396 times
30 Fri Jul 2021 189.50 175.00 198.50 171.00 0.563 times
30 Wed Jun 2021 172.20 157.00 188.00 150.00 4.897 times
31 Mon May 2021 156.75 162.00 165.95 152.00 2.072 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, 14, 24 Sell
MACD -2, -1Sell
Stochastics 47None
CCI -85Sell
RSI 51Buy
OBV -34159Sell
VWAP 174Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 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 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magna Electr in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 173.9 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme