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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 5019

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 253.15 268.00 275.00 250.00 9.042 times
08 Mon Aug 2022 243.60 203.00 243.60 203.00 5.63 times
05 Fri Aug 2022 203.00 197.25 209.90 197.25 0.885 times
04 Thu Aug 2022 199.45 187.05 202.00 187.05 0.85 times
03 Wed Aug 2022 187.05 187.05 194.50 187.05 0.05 times
02 Tue Aug 2022 193.35 193.35 193.35 193.35 0.002 times
01 Mon Aug 2022 193.35 186.85 195.00 186.85 0.391 times
30 Sat Jul 2022 190.60 190.05 195.95 186.00 0.239 times
28 Thu Jul 2022 193.35 196.90 196.90 186.05 0.286 times
27 Wed Jul 2022 186.00 188.50 188.75 183.70 0.732 times

Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 239.1, for a target of 213.6 or 192.37

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.95
Downside Target 165.00
Downside Target 170.00
Downside Target 179.00
Downside Target 183.70
Downside Target 192.90
Downside Target 203.00
Downside Target 208.90
Downside Target 209.90
Downside Target 214.60
Downside Target 214.85
Upside Target 275.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 212.43
Downside Intraday Target 171.72
Upside Intraday Target 284.43
Upside Intraday Target 315.72
Downside Intraday Target 243.72

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 253.15 203.00 275.00 203.00 6.733 times
05 Fri Aug 2022 203.00 186.85 209.90 186.85 0.428 times
30 Sat Jul 2022 190.60 189.50 214.60 183.70 2.685 times
22 Fri Jul 2022 181.15 170.00 184.90 170.00 1.769 times
15 Fri Jul 2022 168.25 175.00 179.00 165.00 5.608 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magna Electr (MagnaElectr)

Date Monthly Closing Price Open High Low Volume
10 Wed Aug 2022 253.15 186.85 275.00 186.85 2.04 times
30 Sat 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 0.456 times
31 Tue May 2022 177.45 208.80 208.90 171.00 1.704 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Magna Electr (MagnaElectr)

Indicator Name Indicator Value Indicator Signal
ADX 61, 7, 80 Buy
MACD 22, 13Buy
Stochastics 80Buy
CCI 225Buy
RSI 66Buy
OBV 97140Sell
VWAP 239Buy
ADL 0Sell
ROC 31Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short 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 short 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.

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 green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 239.24 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 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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