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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 2021-09-03 View latest technical analysis

10 day averaged volume of Magna Electr is 2625

Date Daily Closing Price Open High Low Volume
03 Fri Sep 2021 174.00 178.00 178.00 172.10 0.584 times
02 Thu Sep 2021 174.00 179.95 181.00 172.00 1.231 times
01 Wed Sep 2021 174.15 179.60 179.60 170.00 0.941 times
31 Tue Aug 2021 176.10 179.05 181.00 175.00 0.213 times
30 Mon Aug 2021 181.15 182.25 182.50 172.25 1.787 times
27 Fri Aug 2021 179.55 178.95 182.95 178.95 1.73 times
26 Thu Aug 2021 178.45 178.85 178.85 175.55 1.064 times
25 Wed Aug 2021 172.15 182.95 182.95 169.05 0.668 times
24 Tue Aug 2021 177.95 168.00 178.45 166.00 0.21 times
23 Mon Aug 2021 170.80 171.00 171.00 169.00 1.177 times

My analysis of stock is bearish for shortterm, and stock might move down till 172.2 or till 168.4. Use a stoploss of 175.32 and if the stock hits stoploss, then it can shoot up till 178.45

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.00
Downside Target 165.05
Downside Target 170.00
Upside Target 175.05
Upside Target 181.00
Upside Target 182.75
Upside Target 182.95
Upside Target 185.00
Upside Target 188.00
Upside Target 193.00
Upside Target 198.50

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 168.5
Downside Intraday Target 163
Upside Intraday Target 181
Upside Intraday Target 188
Upside Intraday Target 175.5

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
03 Fri Sep 2021 174.00 182.25 182.50 170.00 0.981 times
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

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
03 Fri Sep 2021 174.00 179.60 181.00 170.00 0.089 times
31 Tue Aug 2021 176.10 193.00 193.00 165.05 0.508 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

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 14, 16, 6 Sell
MACD -1, -1Sell
Stochastics 47None
CCI -34Sell
RSI 54Buy
OBV -14784Sell
VWAP 176Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer 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.

ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Weak and stock is losing 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 176.45 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily chart

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