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