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(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)

Target Type Value
Downside Target 150.00
Downside Target 165.05
Downside Target 170.00
Upside Target 175.95
Upside Target 176.00
Upside Target 177.95
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 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
MACD -1, -1Buy
Stochastics 62None
CCI -44Sell
RSI 55Buy
OBV -6835Sell
VWAP 173Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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.

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Daily charts

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Daily chart

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