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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 2021-09-20 View latest technical analysis

10 day averaged volume of Magna Electr is 1709

Date Daily Closing Price Open High Low Volume
20 Mon Sep 2021 174.90 171.50 175.95 171.50 1.444 times
17 Fri Sep 2021 171.20 172.30 175.00 171.00 2.404 times
16 Thu Sep 2021 172.30 176.00 176.00 172.15 0.521 times
15 Wed Sep 2021 173.15 176.00 176.00 171.10 0.658 times
14 Tue Sep 2021 171.70 173.70 174.95 171.00 1.147 times
13 Mon Sep 2021 170.70 175.00 175.00 170.00 2.239 times
09 Thu Sep 2021 174.20 175.00 175.00 171.05 0.087 times
08 Wed Sep 2021 175.00 171.05 176.90 171.05 0.542 times
07 Tue Sep 2021 175.15 175.70 175.70 171.25 0.384 times
06 Mon Sep 2021 175.35 177.00 177.50 170.50 1.124 times

My analysis of stock is bullish for shortterm, and stock might move up till 177.4 or till 180.8. Use a stoploss of 174.6 and if this stock hits its stoploss, then it can fall down till 171.76

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.00
Downside Target 165.05
Downside Target 170.00
Upside Target 175.95
Upside Target 176.00
Upside Target 177.50
Upside Target 181.00
Upside Target 182.50
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 172.28
Downside Intraday Target 169.67
Upside Intraday Target 176.73
Upside Intraday Target 178.57
Downside Intraday Target 174.12

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
20 Mon Sep 2021 174.90 171.50 175.95 171.50 0.207 times
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

Price has moved up 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
20 Mon Sep 2021 174.90 179.60 181.00 170.00 0.31 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, -2Sell
Stochastics 34None
CCI 70Buy
RSI 58Buy
OBV -4182Sell
VWAP 173Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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

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.

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. Bears are weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 172.64 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.

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Daily charts

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Daily chart

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