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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 2021-11-22 View latest technical analysis

10 day averaged volume of Magna Electr is 2060

Date Daily Closing Price Open High Low Volume
22 Mon Nov 2021 177.50 178.00 183.00 176.00 2.883 times
18 Thu Nov 2021 177.90 186.00 186.00 177.45 1.011 times
17 Wed Nov 2021 180.60 181.00 181.60 177.00 1.824 times
16 Tue Nov 2021 177.95 183.00 183.00 176.90 1.074 times
15 Mon Nov 2021 180.00 181.25 188.00 176.50 0.266 times
12 Fri Nov 2021 181.25 175.10 187.00 175.10 0.888 times
11 Thu Nov 2021 182.90 181.15 187.70 181.15 0.106 times
10 Wed Nov 2021 187.60 179.00 187.95 179.00 0.579 times
09 Tue Nov 2021 185.05 183.00 189.90 183.00 2.762 times
08 Mon Nov 2021 184.80 170.00 187.00 170.00 0.899 times

Stock of Magna Electr (MagnaElectr) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 171.6 or till 163.8. Use a stoploss of 178.1 and if the stock hits stoploss, then it can shoot up till 184.58

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 162.00
Downside Target 170.00
Upside Target 177.95
Upside Target 181.00
Upside Target 183.00
Upside Target 188.00
Upside Target 189.90
Upside Target 190.00
Upside Target 193.00
Upside Target 198.50

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 174.67
Downside Intraday Target 171.83
Upside Intraday Target 181.67
Upside Intraday Target 185.83
Upside Intraday Target 178.83

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
22 Mon Nov 2021 177.50 178.00 183.00 176.00 0.691 times
18 Thu Nov 2021 177.90 181.25 188.00 176.50 0.797 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

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
22 Mon Nov 2021 177.50 181.25 190.00 170.00 1.478 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 15, 21, 17 Sell
MACD 3, 4Sell
Stochastics 43None
CCI -94Sell
RSI 59Buy
OBV 21561Sell
VWAP 181Sell
ADL 0Sell
ROC -5Sell
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 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 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 Weak 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. Bears are getting stronger in this stock.

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 181.11 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.

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