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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)

10 day averaged volume of Magna Electr is 3931

Date Daily Closing Price Open High Low Volume
23 Fri Sep 2022 333.95 326.00 338.95 319.00 0.473 times
22 Thu Sep 2022 331.90 325.20 337.95 325.20 0.181 times
21 Wed Sep 2022 329.40 335.00 350.00 320.00 0.848 times
20 Tue Sep 2022 335.00 339.00 349.75 323.40 0.711 times
19 Mon Sep 2022 339.15 324.15 341.90 324.15 0.436 times
16 Fri Sep 2022 328.05 337.00 349.90 324.15 0.625 times
15 Thu Sep 2022 337.50 356.00 357.80 325.00 1.163 times
14 Wed Sep 2022 340.80 335.00 340.80 334.00 2.286 times
13 Tue Sep 2022 324.60 339.00 344.00 323.00 1.114 times
12 Mon Sep 2022 338.35 344.20 348.85 327.70 1.413 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 330.1 as stoploss in an intra day buy trade for a target of 343.21. However, stock will show a bearish move below 330.1.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.95
Downside Target 165.00
Downside Target 171.00
Downside Target 180.00
Downside Target 186.85
Downside Target 208.90
Downside Target 214.60
Downside Target 312.40
Downside Target 319.00
Downside Target 330.00
Upside Target 344.00
Upside Target 357.80
Upside Target 365.00
Upside Target 390.30
Upside Target 399.55

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 318.63
Downside Intraday Target 303.32
Upside Intraday Target 349.63
Upside Intraday Target 365.32
Upside Intraday Target 334.32

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
23 Fri Sep 2022 333.95 324.15 350.00 319.00 0.401 times
16 Fri Sep 2022 328.05 344.20 357.80 323.00 0.531 times
09 Fri Sep 2022 344.20 347.00 365.00 312.40 1.36 times
02 Fri Sep 2022 347.60 360.00 390.30 344.00 0.207 times
26 Fri Aug 2022 361.80 330.00 399.55 330.00 1.195 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
23 Fri Sep 2022 333.95 370.00 370.00 312.40 0.21 times
30 Tue Aug 2022 362.50 186.85 399.55 186.85 10.813 times
29 Fri Jul 2022 190.60 174.95 214.60 165.00 1.447 times
30 Thu Jun 2022 170.05 179.95 180.00 150.95 0.475 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, 14, 4 Buy
MACD 31, 39Sell
Stochastics 31None
CCI -99Sell
RSI 65Buy
OBV -36632Sell
VWAP 335Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short 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 short 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 short to mid term time period is

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer 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.

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 SELL signal for Magna Electr in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 335.1 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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.

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

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