(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 2021-10-04 View latest technical analysis
10 day averaged volume of Magna Electr is 2590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Oct 2021 | 172.45 | 174.00 | 174.00 | 171.35 | 0.838 times |
| 01 Fri Oct 2021 | 174.10 | 173.50 | 174.50 | 171.00 | 0.581 times |
| 30 Thu Sep 2021 | 172.70 | 168.00 | 173.90 | 166.50 | 0.271 times |
| 29 Wed Sep 2021 | 170.35 | 170.00 | 174.00 | 167.25 | 0.929 times |
| 28 Tue Sep 2021 | 169.10 | 173.95 | 173.95 | 169.05 | 0.497 times |
| 27 Mon Sep 2021 | 171.40 | 171.10 | 171.45 | 170.05 | 0.212 times |
| 24 Fri Sep 2021 | 171.95 | 172.95 | 172.95 | 170.30 | 0.269 times |
| 23 Thu Sep 2021 | 172.20 | 168.85 | 173.00 | 168.85 | 1.851 times |
| 22 Wed Sep 2021 | 166.15 | 175.00 | 175.00 | 165.75 | 3.894 times |
| 21 Tue Sep 2021 | 170.15 | 170.35 | 174.50 | 168.05 | 0.541 times |
My analysis of stock is bullish for shortterm, and stock might move up till 174.5 or till 177.1. Use a stoploss of 172.21 and if this stock hits its stoploss, then it can fall down till 169.97
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 | 188.00 |
| Upside Target | 193.00 |
| Upside Target | 198.50 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 171.2 |
| Downside Intraday Target | 169.95 |
| Upside Intraday Target | 173.85 |
| Upside Intraday Target | 175.25 |
| Upside Intraday Target | 172.6 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Oct 2021 | 172.45 | 174.00 | 174.00 | 171.35 | 0.337 times |
| 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 |
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 |
| 04 Mon Oct 2021 | 172.45 | 173.50 | 174.50 | 171.00 | 0.078 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 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, 13, 21 | Sell |
| MACD | -2, -2 | Buy |
| Stochastics | 74 | Buy |
| CCI | 114 | Sell |
| RSI | 57 | Buy |
| OBV | -9868 | Sell |
| VWAP | 170 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 169.5 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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