(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 2021-09-17 View latest technical analysis
10 day averaged volume of Magna Electr is 1622
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||171.20||172.30||175.00||171.00||2.533 times|
|16 Thu Sep 2021||172.30||176.00||176.00||172.15||0.549 times|
|15 Wed Sep 2021||173.15||176.00||176.00||171.10||0.693 times|
|14 Tue Sep 2021||171.70||173.70||174.95||171.00||1.208 times|
|13 Mon Sep 2021||170.70||175.00||175.00||170.00||2.359 times|
|09 Thu Sep 2021||174.20||175.00||175.00||171.05||0.091 times|
|08 Wed Sep 2021||175.00||171.05||176.90||171.05||0.572 times|
|07 Tue Sep 2021||175.15||175.70||175.70||171.25||0.404 times|
|06 Mon Sep 2021||175.35||177.00||177.50||170.50||1.184 times|
|03 Fri Sep 2021||174.00||178.00||178.00||172.10||0.945 times|
Stock of Magna Electr (MagnaElectr) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 171.6, but if it comes above 171.6, then a intra day buy could be more profitable.
If you take a sell trade below 171.6, then use 171.6 as stoploss and 168.1 as target. However if you take a buy trade in stock , then use 171.6 as stoploss and 174.47 as target.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||168.8|
|Downside Intraday Target||166.4|
|Upside Intraday Target||174.8|
|Upside Intraday Target||178.4|
|Upside Intraday Target||172.4|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||171.20||175.00||176.00||170.00||3.261 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|
|17 Fri Sep 2021||171.20||179.60||181.00||170.00||0.279 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||10, 13, 12||Sell|
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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
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 and the buying is gaining 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 172.43 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.