(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 10417
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Aug 2022 | 259.05 | 255.90 | 262.95 | 248.00 | 0.995 times |
| 12 Fri Aug 2022 | 253.80 | 259.90 | 264.75 | 245.15 | 1.073 times |
| 11 Thu Aug 2022 | 248.85 | 259.90 | 267.70 | 245.00 | 0.692 times |
| 10 Wed Aug 2022 | 253.15 | 268.00 | 275.00 | 250.00 | 4.357 times |
| 08 Mon Aug 2022 | 243.60 | 203.00 | 243.60 | 203.00 | 2.713 times |
| 05 Fri Aug 2022 | 203.00 | 197.25 | 209.90 | 197.25 | 0.427 times |
| 04 Thu Aug 2022 | 199.45 | 187.05 | 202.00 | 187.05 | 0.41 times |
| 03 Wed Aug 2022 | 187.05 | 187.05 | 194.50 | 187.05 | 0.024 times |
| 02 Tue Aug 2022 | 193.35 | 193.35 | 193.35 | 193.35 | 0.001 times |
| 01 Mon Aug 2022 | 193.35 | 186.85 | 195.00 | 186.85 | 0.188 times |
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 267.1, for a target of 233.1 or 204.66
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 150.95 |
| Downside Target | 165.00 |
| Downside Target | 170.00 |
| Downside Target | 180.00 |
| Downside Target | 183.70 |
| Downside Target | 192.90 |
| Downside Target | 203.00 |
| Downside Target | 208.90 |
| Downside Target | 214.60 |
| Downside Target | 214.85 |
| Downside Target | 248.00 |
| Upside Target | 262.95 |
| Upside Target | 275.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 250.38 |
| Downside Intraday Target | 241.72 |
| Upside Intraday Target | 265.33 |
| Upside Intraday Target | 271.62 |
| Downside Intraday Target | 256.67 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Aug 2022 | 259.05 | 255.90 | 262.95 | 248.00 | 0.113 times |
| 12 Fri Aug 2022 | 253.80 | 203.00 | 275.00 | 203.00 | 8.414 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 |
Price has moved up 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 Aug 2022 | 259.05 | 186.85 | 275.00 | 186.85 | 2.734 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 | 42, 7, 70 | Buy |
| MACD | 33, 23 | Buy |
| Stochastics | 76 | Buy |
| CCI | 80 | Buy |
| RSI | 64 | Buy |
| OBV | 110089 | Sell |
| VWAP | 246 | Buy |
| ADL | 0 | Sell |
| ROC | 36 | Buy |
| Force Index | 0 | Sell |
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 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 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 245.92 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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