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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 2021-08-27 View latest technical analysis

10 day averaged volume of Magna Electr is 2150

Date Daily Closing Price Open High Low Volume
27 Fri Aug 2021 179.55 178.95 182.95 178.95 2.112 times
26 Thu Aug 2021 178.45 178.85 178.85 175.55 1.3 times
25 Wed Aug 2021 172.15 182.95 182.95 169.05 0.816 times
24 Tue Aug 2021 177.95 168.00 178.45 166.00 0.256 times
23 Mon Aug 2021 170.80 171.00 171.00 169.00 1.437 times
20 Fri Aug 2021 172.40 175.10 179.75 170.05 1.197 times
18 Wed Aug 2021 175.20 181.85 181.95 173.50 1.179 times
17 Tue Aug 2021 175.65 181.05 181.05 173.05 0.18 times
16 Mon Aug 2021 175.15 182.75 182.75 172.65 1.046 times
13 Fri Aug 2021 173.65 183.95 183.95 171.10 1.365 times

Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 181.7 as stoploss in an intra day sell trade for a target of 176.97. However, stock will show a bullish move above 181.7.

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
Downside 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 169.38
Downside Intraday Target 159.22
Upside Intraday Target 186.33
Upside Intraday Target 193.12
Downside Intraday Target 176.17

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
27 Fri Aug 2021 179.55 171.00 182.95 166.00 1.644 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magna Electr (MagnaElectr)

Date Monthly Closing Price Open High Low Volume
27 Fri Aug 2021 179.55 193.00 193.00 165.05 0.475 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 20, 10, 35 Buy
MACD -1, -1Buy
Stochastics 61None
CCI 157Buy
RSI 53Buy
OBV -32556Sell
VWAP 175Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short 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.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Magna Electr in short term but the buy signal is initial and weak.

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 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 175.19 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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