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(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 2021-08-26 View latest technical analysis

10 day averaged volume of Magna Electr is 2824

Date Daily Closing Price Open High Low Volume
26 Thu Aug 2021 178.45 178.85 178.85 175.55 0.989 times
25 Wed Aug 2021 172.15 182.95 182.95 169.05 0.621 times
24 Tue Aug 2021 177.95 168.00 178.45 166.00 0.195 times
23 Mon Aug 2021 170.80 171.00 171.00 169.00 1.094 times
20 Fri Aug 2021 172.40 175.10 179.75 170.05 0.911 times
18 Wed Aug 2021 175.20 181.85 181.95 173.50 0.897 times
17 Tue Aug 2021 175.65 181.05 181.05 173.05 0.137 times
16 Mon Aug 2021 175.15 182.75 182.75 172.65 0.796 times
13 Fri Aug 2021 173.65 183.95 183.95 171.10 1.039 times
12 Thu Aug 2021 174.35 165.05 183.00 165.05 0.934 times

My analysis of stock is bullish for shortterm, and stock might move up till 181.9 or till 187.6. Use a stoploss of 177.1 and if this stock hits its stoploss, then it can fall down till 172.31

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
Downside Target 175.05
Upside Target 178.55
Upside Target 182.75
Upside Target 185.00
Upside Target 188.00
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 168.65
Downside Intraday Target 158.85
Upside Intraday Target 185.6
Upside Intraday Target 192.75
Downside Intraday Target 175.8

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
26 Thu Aug 2021 178.45 171.00 182.95 166.00 1.058 times
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

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 Aug 2021 178.45 193.00 193.00 165.05 0.447 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 16, 10, 23 Buy
MACD -1, -1Sell
Stochastics 59None
CCI 98Buy
RSI 55Buy
OBV -44627Sell
VWAP 174Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Magna Electr stock for short term is BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Magna Electr is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 174.16 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 rising upwards.

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 is giving positive 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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Daily charts

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