(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 2021-11-16 View latest technical analysis
10 day averaged volume of Magna Electr is 4950
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Tue Nov 2021||177.95||183.00||183.00||176.90||0.447 times|
|15 Mon Nov 2021||180.00||181.25||188.00||176.50||0.111 times|
|12 Fri Nov 2021||181.25||175.10||187.00||175.10||0.37 times|
|11 Thu Nov 2021||182.90||181.15||187.70||181.15||0.044 times|
|10 Wed Nov 2021||187.60||179.00||187.95||179.00||0.241 times|
|09 Tue Nov 2021||185.05||183.00||189.90||183.00||1.149 times|
|08 Mon Nov 2021||184.80||170.00||187.00||170.00||0.374 times|
|04 Thu Nov 2021||186.30||190.00||190.00||185.00||0.245 times|
|03 Wed Nov 2021||183.40||182.95||185.10||178.00||1.31 times|
|02 Tue Nov 2021||180.00||189.00||189.00||172.60||1.788 times|
My analysis of stock is bullish for shortterm, and stock might move up till 183.9 or till 192.2. Use a stoploss of 176.9 and if this stock hits its stoploss, then it can fall down till 169.93
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||173.63|
|Downside Intraday Target||169.32|
|Upside Intraday Target||185.13|
|Upside Intraday Target||192.32|
|Upside Intraday Target||180.82|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Tue Nov 2021||177.95||181.25||188.00||176.50||0.256 times|
|12 Fri Nov 2021||181.25||170.00||189.90||170.00||0.283 times|
|04 Thu Nov 2021||186.30||181.25||190.00||172.60||2.567 times|
|29 Fri Oct 2021||170.75||173.90||173.90||162.00||1.278 times|
|22 Fri Oct 2021||170.20||174.00||177.00||166.25||2.26 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|
|16 Tue Nov 2021||177.95||181.25||190.00||170.00||1.204 times|
|29 Fri Oct 2021||170.75||173.50||177.95||162.00||0.91 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|
Scroll below to view daily charts
Price has moved up 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||13, 25, 32||Sell|
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 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 SELL. Signal strength is Strong and stock is gaining 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. 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 but buying is losing 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 182.48 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 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.