(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 2021-10-12 View latest technical analysis
10 day averaged volume of Magna Electr is 1638
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Tue Oct 2021||172.00||173.00||173.00||171.80||0.47 times|
|11 Mon Oct 2021||173.20||175.00||175.00||172.65||0.416 times|
|08 Fri Oct 2021||175.55||177.00||177.00||172.70||1.208 times|
|07 Thu Oct 2021||174.00||174.95||175.00||173.00||0.556 times|
|06 Wed Oct 2021||172.75||177.95||177.95||172.15||2.07 times|
|05 Tue Oct 2021||174.00||175.00||175.00||171.60||0.824 times|
|04 Mon Oct 2021||172.45||174.00||174.00||171.35||1.325 times|
|01 Fri Oct 2021||174.10||173.50||174.50||171.00||0.918 times|
|30 Thu Sep 2021||172.70||168.00||173.90||166.50||0.429 times|
|29 Wed Sep 2021||170.35||170.00||174.00||167.25||1.469 times|
My analysis of stock is bearish for shortterm, and stock might move down till 170.1 or till 167.6. Use a stoploss of 172.18 and if the stock hits stoploss, then it can shoot up till 174.26
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||170.87|
|Downside Intraday Target||169.73|
|Upside Intraday Target||174.07|
|Upside Intraday Target||176.13|
|Upside Intraday Target||172.93|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Tue Oct 2021||172.00||175.00||175.00||171.80||0.148 times|
|08 Fri Oct 2021||175.55||174.00||177.95||171.35||1.519 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|
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|
|12 Tue Oct 2021||172.00||173.50||177.95||171.00||0.27 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||15, 10, 19||Buy|
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.
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 tired and bears 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 SELL signal for Magna Electr in short term and SELL signal is strong!
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 172.98 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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.