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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 2021-09-13 View latest technical analysis

10 day averaged volume of Magna Electr is 2068

Date Daily Closing Price Open High Low Volume
13 Mon Sep 2021 170.70 175.00 175.00 170.00 1.851 times
09 Thu Sep 2021 174.20 175.00 175.00 171.05 0.072 times
08 Wed Sep 2021 175.00 171.05 176.90 171.05 0.448 times
07 Tue Sep 2021 175.15 175.70 175.70 171.25 0.317 times
06 Mon Sep 2021 175.35 177.00 177.50 170.50 0.929 times
03 Fri Sep 2021 174.00 178.00 178.00 172.10 0.741 times
02 Thu Sep 2021 174.00 179.95 181.00 172.00 1.563 times
01 Wed Sep 2021 174.15 179.60 179.60 170.00 1.194 times
31 Tue Aug 2021 176.10 179.05 181.00 175.00 0.27 times
30 Mon Aug 2021 181.15 182.25 182.50 172.25 2.269 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 172.4, but if it comes above 172.4, then a intra day buy could be more profitable.
If you take a sell trade below 172.4, then use 172.4 as stoploss and 169.3 as target. However if you take a buy trade in stock , then use 172.4 as stoploss and 175.04 as target.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.00
Downside Target 165.05
Downside Target 170.00
Upside Target 175.00
Upside Target 177.50
Upside Target 181.00
Upside Target 182.50
Upside Target 182.75
Upside Target 182.95
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 168.8
Downside Intraday Target 166.9
Upside Intraday Target 173.8
Upside Intraday Target 176.9
Upside Intraday Target 171.9

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
13 Mon Sep 2021 170.70 175.00 175.00 170.00 1.048 times
09 Thu Sep 2021 174.20 177.00 177.50 170.50 0.293 times
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

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
13 Mon Sep 2021 170.70 179.60 181.00 170.00 0.18 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 11, 14, 11 Sell
MACD -2, -1Sell
Stochastics 26Sell
CCI -144Sell
RSI 57Buy
OBV -4930Sell
VWAP 175Sell
ADL 0Sell
ROC -5Sell
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

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 gaining momentum.

MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.

Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 175.34 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.

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Daily charts

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Daily chart

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