(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)
10 day averaged volume of Magna Electr is 3372
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 176.95 | 181.00 | 184.00 | 171.15 | 4.157 times |
| 16 Mon May 2022 | 181.90 | 196.40 | 196.40 | 180.75 | 0.063 times |
| 13 Fri May 2022 | 188.15 | 185.00 | 188.95 | 185.00 | 0.893 times |
| 12 Thu May 2022 | 185.00 | 178.25 | 187.00 | 175.00 | 0.977 times |
| 11 Wed May 2022 | 178.10 | 183.45 | 183.45 | 175.50 | 0.73 times |
| 10 Tue May 2022 | 184.70 | 188.00 | 188.00 | 182.50 | 0.631 times |
| 09 Mon May 2022 | 186.00 | 187.00 | 188.75 | 184.00 | 0.304 times |
| 06 Fri May 2022 | 184.00 | 187.05 | 189.00 | 180.05 | 0.75 times |
| 05 Thu May 2022 | 185.75 | 196.95 | 196.95 | 181.40 | 0.757 times |
| 04 Wed May 2022 | 184.30 | 196.00 | 205.25 | 175.25 | 4.716 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 183.1, but if it comes above 183.1, then a intra day buy could be more profitable.
If you take a sell trade below 183.1, then use 183.1 as stoploss and 171.7 as target. However if you take a buy trade in stock , then use 183.1 as stoploss and 192.56 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 171.15 |
| Downside Target | 175.00 |
| Upside Target | 188.95 |
| Upside Target | 208.90 |
| Upside Target | 209.45 |
| Upside Target | 210.50 |
| Upside Target | 214.85 |
| Upside Target | 230.00 |
| Upside Target | 246.45 |
| Upside Target | 264.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 166.6 |
| Downside Intraday Target | 156.25 |
| Upside Intraday Target | 191.85 |
| Upside Intraday Target | 206.75 |
| Upside Intraday Target | 181.5 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 176.95 | 196.40 | 196.40 | 171.15 | 1.194 times |
| 13 Fri May 2022 | 188.15 | 187.00 | 188.95 | 175.00 | 0.552 times |
| 06 Fri May 2022 | 184.00 | 208.80 | 208.90 | 175.25 | 3.024 times |
| 29 Fri Apr 2022 | 198.45 | 205.00 | 209.45 | 196.50 | 0.839 times |
| 22 Fri Apr 2022 | 202.30 | 210.50 | 210.50 | 196.00 | 1.142 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 |
| 17 Tue May 2022 | 176.95 | 208.80 | 208.90 | 171.15 | 1.295 times |
| 29 Fri Apr 2022 | 198.45 | 201.10 | 214.85 | 192.90 | 0.947 times |
| 31 Thu Mar 2022 | 199.75 | 215.30 | 230.00 | 195.00 | 0.753 times |
| 28 Mon Feb 2022 | 215.30 | 225.00 | 246.45 | 192.10 | 0.306 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 | 12, 27, 38 | Sell |
| MACD | -12, -10 | Sell |
| Stochastics | 25 | Sell |
| CCI | -160 | Sell |
| RSI | 42 | Sell |
| OBV | -25743 | Sell |
| VWAP | 182 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
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 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 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 Strong 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 SELL signal in short term and selling is picking up 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 182.19 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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