(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)
Intraday share price targets for Magna Electr (MagnaElectr)
|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|
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.