(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 2021-09-24 View latest technical analysis
10 day averaged volume of Magna Electr is 3081
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Fri Sep 2021||171.95||172.95||172.95||170.30||0.227 times|
|23 Thu Sep 2021||172.20||168.85||173.00||168.85||1.556 times|
|22 Wed Sep 2021||166.15||175.00||175.00||165.75||3.273 times|
|21 Tue Sep 2021||170.15||170.35||174.50||168.05||0.455 times|
|20 Mon Sep 2021||174.90||171.50||175.95||171.50||0.801 times|
|17 Fri Sep 2021||171.20||172.30||175.00||171.00||1.333 times|
|16 Thu Sep 2021||172.30||176.00||176.00||172.15||0.289 times|
|15 Wed Sep 2021||173.15||176.00||176.00||171.10||0.365 times|
|14 Tue Sep 2021||171.70||173.70||174.95||171.00||0.636 times|
|13 Mon Sep 2021||170.70||175.00||175.00||170.00||1.242 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 170.5 as stoploss in an intra day buy trade for a target of 173.65. However, stock will show a bearish move below 170.5.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||166.48|
|Downside Intraday Target||161.02|
|Upside Intraday Target||176.68|
|Upside Intraday Target||181.42|
|Downside Intraday Target||171.22|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Fri Sep 2021||171.95||171.50||175.95||165.75||1.633 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, 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|
|24 Fri Sep 2021||171.95||179.60||181.00||165.75||0.518 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||7, 15, 35||Sell|
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 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 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.
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 coming down
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 170.06 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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.