(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 2021-09-30 View latest technical analysis
10 day averaged volume of Magna Electr is 2869
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Thu Sep 2021||172.70||168.00||173.90||166.50||0.245 times|
|29 Wed Sep 2021||170.35||170.00||174.00||167.25||0.839 times|
|28 Tue Sep 2021||169.10||173.95||173.95||169.05||0.448 times|
|27 Mon Sep 2021||171.40||171.10||171.45||170.05||0.191 times|
|24 Fri Sep 2021||171.95||172.95||172.95||170.30||0.243 times|
|23 Thu Sep 2021||172.20||168.85||173.00||168.85||1.671 times|
|22 Wed Sep 2021||166.15||175.00||175.00||165.75||3.515 times|
|21 Tue Sep 2021||170.15||170.35||174.50||168.05||0.489 times|
|20 Mon Sep 2021||174.90||171.50||175.95||171.50||0.86 times|
|17 Fri Sep 2021||171.20||172.30||175.00||171.00||1.432 times|
My analysis of stock is bullish for shortterm, and stock might move up till 174.6 or till 177.3. Use a stoploss of 172.28 and if this stock hits its stoploss, then it can fall down till 170.01
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||168.13|
|Downside Intraday Target||163.57|
|Upside Intraday Target||175.63|
|Upside Intraday Target||178.57|
|Downside Intraday Target||171.07|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Thu Sep 2021||172.70||171.10||174.00||166.50||0.254 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|
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|
|30 Thu Sep 2021||172.70||179.60||181.00||165.75||0.578 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||8, 14, 27||Sell|
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Magna Electr in short term but the buy signal is initial and weak.
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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 169.74 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 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.