(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 2021-09-29 View latest technical analysis
10 day averaged volume of Magna Electr is 2740
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Wed Sep 2021||170.35||170.00||174.00||167.25||0.878 times|
|28 Tue Sep 2021||169.10||173.95||173.95||169.05||0.469 times|
|27 Mon Sep 2021||171.40||171.10||171.45||170.05||0.2 times|
|24 Fri Sep 2021||171.95||172.95||172.95||170.30||0.255 times|
|23 Thu Sep 2021||172.20||168.85||173.00||168.85||1.749 times|
|22 Wed Sep 2021||166.15||175.00||175.00||165.75||3.681 times|
|21 Tue Sep 2021||170.15||170.35||174.50||168.05||0.512 times|
|20 Mon Sep 2021||174.90||171.50||175.95||171.50||0.901 times|
|17 Fri Sep 2021||171.20||172.30||175.00||171.00||1.499 times|
|16 Thu Sep 2021||172.30||176.00||176.00||172.15||0.325 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 170.1 as stoploss in an intra day buy trade for a target of 172.36. However, stock will show a bearish move below 170.1.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||167.07|
|Downside Intraday Target||163.78|
|Upside Intraday Target||173.82|
|Upside Intraday Target||177.28|
|Upside Intraday Target||170.53|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Wed Sep 2021||170.35||171.10||174.00||167.25||0.218 times|
|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|
Monthly technical analysis of Magna Electr (MagnaElectr)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|29 Wed Sep 2021||170.35||179.60||181.00||165.75||0.57 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
Indicators analysis of Magna Electr (MagnaElectr)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||9, 15, 23||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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL signal for Magna Electr in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 169.75 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 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.