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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 2021-11-23 View latest technical analysis

10 day averaged volume of Magna Electr is 2532

Date Daily Closing Price Open High Low Volume
23 Tue Nov 2021 186.75 181.95 189.00 178.45 4.803 times
22 Mon Nov 2021 177.50 178.00 183.00 176.00 2.345 times
18 Thu Nov 2021 177.90 186.00 186.00 177.45 0.823 times
17 Wed Nov 2021 180.60 181.00 181.60 177.00 1.484 times
16 Tue Nov 2021 177.95 183.00 183.00 176.90 0.874 times
15 Mon Nov 2021 180.00 181.25 188.00 176.50 0.216 times
12 Fri Nov 2021 181.25 175.10 187.00 175.10 0.723 times
11 Thu Nov 2021 182.90 181.15 187.70 181.15 0.086 times
10 Wed Nov 2021 187.60 179.00 187.95 179.00 0.471 times
09 Tue Nov 2021 185.05 183.00 189.90 183.00 2.247 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 185.4, but if it comes below 185.4, then a intra day sell could be more profitable.
If you take a sell trade below 185.4, then use 185.4 as stoploss and 178.92 as target. However if you take a buy trade in stock , then use 185.4 as stoploss and 193.2 as target.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 162.00
Downside Target 170.00
Downside Target 177.95
Downside Target 181.00
Upside Target 188.00
Upside Target 189.00
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 178.83
Downside Intraday Target 170.92
Upside Intraday Target 191.83
Upside Intraday Target 196.92
Downside Intraday Target 183.92

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
23 Tue Nov 2021 186.75 178.00 189.00 176.00 2.105 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 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
23 Tue Nov 2021 186.75 181.25 190.00 170.00 1.761 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, 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 20, 18, 5 Buy
MACD 4, 4Sell
Stochastics 52None
CCI 79Buy
RSI 64Buy
OBV 31698Sell
VWAP 183Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 182.84 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.

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Daily charts

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