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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 2021-11-25 View latest technical analysis

10 day averaged volume of Magna Electr is 3511

Date Daily Closing Price Open High Low Volume
25 Thu Nov 2021 188.90 188.50 190.50 183.80 1.471 times
24 Wed Nov 2021 188.60 187.80 189.00 181.10 1.472 times
23 Tue Nov 2021 186.75 181.95 189.00 178.45 3.463 times
22 Mon Nov 2021 177.50 178.00 183.00 176.00 1.691 times
18 Thu Nov 2021 177.90 186.00 186.00 177.45 0.593 times
17 Wed Nov 2021 180.60 181.00 181.60 177.00 1.07 times
16 Tue Nov 2021 177.95 183.00 183.00 176.90 0.63 times
15 Mon Nov 2021 180.00 181.25 188.00 176.50 0.156 times
12 Fri Nov 2021 181.25 175.10 187.00 175.10 0.521 times
11 Thu Nov 2021 182.90 181.15 187.70 181.15 0.062 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 186.9, but if it comes below 186.9, then a intra day sell could be more profitable.
If you take a sell trade below 186.9, then use 186.9 as stoploss and 181 as target. However if you take a buy trade in stock , then use 186.9 as stoploss and 194 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
Downside Target 188.00
Upside Target 189.90
Upside Target 190.00
Upside Target 190.50
Upside Target 193.00
Upside Target 198.50

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 179.77
Downside Intraday Target 170.63
Upside Intraday Target 194.27
Upside Intraday Target 199.63
Downside Intraday Target 185.13

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
25 Thu Nov 2021 188.90 178.00 190.50 176.00 3.306 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
25 Thu Nov 2021 188.90 181.25 190.50 170.00 2.002 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 18, 15, 10 Buy
MACD 5, 4Buy
Stochastics 88Buy
CCI 136Buy
RSI 61Buy
OBV 44404Sell
VWAP 184Buy
ADL 0Sell
ROC 1Buy
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 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 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 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 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 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 183.94 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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