Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-10-01 View latest technical analysis

10 day averaged volume of Magna Electr is 2850

Date Daily Closing Price Open High Low Volume
01 Fri Oct 2021 174.10 173.50 174.50 171.00 0.528 times
30 Thu Sep 2021 172.70 168.00 173.90 166.50 0.247 times
29 Wed Sep 2021 170.35 170.00 174.00 167.25 0.845 times
28 Tue Sep 2021 169.10 173.95 173.95 169.05 0.451 times
27 Mon Sep 2021 171.40 171.10 171.45 170.05 0.193 times
24 Fri Sep 2021 171.95 172.95 172.95 170.30 0.245 times
23 Thu Sep 2021 172.20 168.85 173.00 168.85 1.682 times
22 Wed Sep 2021 166.15 175.00 175.00 165.75 3.539 times
21 Tue Sep 2021 170.15 170.35 174.50 168.05 0.492 times
20 Mon Sep 2021 174.90 171.50 175.95 171.50 0.866 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 174.6 as stoploss in an intra day sell trade for a target of 172.29. However, stock will show a bullish move above 174.6.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.00
Downside Target 165.05
Downside Target 170.00
Upside Target 174.50
Upside Target 175.95
Upside Target 176.00
Upside Target 177.50
Upside Target 181.00
Upside Target 182.50
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 168.9
Downside Intraday Target 163.7
Upside Intraday Target 176.9
Upside Intraday Target 179.7
Downside Intraday Target 171.7

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
01 Fri Oct 2021 174.10 171.10 174.50 166.50 0.332 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
01 Fri Oct 2021 174.10 173.50 174.50 171.00 0.032 times
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

Scroll below to view daily charts

Price has moved up 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 9, 14, 21 Sell
MACD -2, -2Buy
Stochastics 65None
CCI 123Buy
RSI 56Buy
OBV -10929Sell
VWAP 170Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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 losing 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. Bulls 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 buy signal for Magna Electr in short term and BUY 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 169.76 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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme