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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 2021-09-15 View latest technical analysis

10 day averaged volume of Magna Electr is 1723

Date Daily Closing Price Open High Low Volume
15 Wed Sep 2021 173.15 176.00 176.00 171.10 0.652 times
14 Tue Sep 2021 171.70 173.70 174.95 171.00 1.138 times
13 Mon Sep 2021 170.70 175.00 175.00 170.00 2.221 times
09 Thu Sep 2021 174.20 175.00 175.00 171.05 0.086 times
08 Wed Sep 2021 175.00 171.05 176.90 171.05 0.538 times
07 Tue Sep 2021 175.15 175.70 175.70 171.25 0.381 times
06 Mon Sep 2021 175.35 177.00 177.50 170.50 1.115 times
03 Fri Sep 2021 174.00 178.00 178.00 172.10 0.889 times
02 Thu Sep 2021 174.00 179.95 181.00 172.00 1.876 times
01 Wed Sep 2021 174.15 179.60 179.60 170.00 1.434 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 172.1 as stoploss in an intra day buy trade for a target of 174.84. However, stock will show a bearish move below 172.1.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.00
Downside Target 165.05
Downside Target 170.00
Upside Target 176.00
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 170.1
Downside Intraday Target 167.05
Upside Intraday Target 176.1
Upside Intraday Target 179.05
Downside Intraday Target 173.05

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
15 Wed Sep 2021 173.15 175.00 176.00 170.00 1.892 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, 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
15 Wed Sep 2021 173.15 179.60 181.00 170.00 0.218 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, 12, 4 Sell
MACD -2, -1Sell
Stochastics 17Sell
CCI -37Buy
RSI 54Buy
OBV -1550Sell
VWAP 173Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer term time period is

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 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 moving up

CCI has generated a buy signal for Magna Electr in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 173.25 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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