(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 2022-01-12 View latest technical analysis
10 day averaged volume of Magna Electr is 3824
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jan 2022 | 202.40 | 206.45 | 206.45 | 199.00 | 0.496 times |
| 11 Tue Jan 2022 | 203.70 | 205.90 | 205.90 | 200.00 | 0.058 times |
| 10 Mon Jan 2022 | 201.10 | 198.95 | 206.90 | 198.95 | 1.145 times |
| 07 Fri Jan 2022 | 198.95 | 200.00 | 201.00 | 196.55 | 0.259 times |
| 06 Thu Jan 2022 | 199.75 | 199.00 | 204.60 | 195.00 | 0.586 times |
| 05 Wed Jan 2022 | 200.50 | 205.00 | 205.00 | 197.60 | 1.041 times |
| 04 Tue Jan 2022 | 203.35 | 199.00 | 208.60 | 198.25 | 2.04 times |
| 03 Mon Jan 2022 | 194.30 | 198.00 | 198.00 | 177.05 | 1.372 times |
| 31 Fri Dec 2021 | 194.70 | 188.50 | 197.90 | 188.50 | 0.262 times |
| 30 Thu Dec 2021 | 194.00 | 195.00 | 195.00 | 190.10 | 0.42 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 200.7, but if it comes below 200.7, then a intra day sell could be more profitable.
If you take a sell trade below 200.7, then use 200.7 as stoploss and 190.93 as target. However if you take a buy trade in stock , then use 200.7 as stoploss and 212.4 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 162.00 |
| Downside Target | 165.75 |
| Downside Target | 170.00 |
| Downside Target | 177.05 |
| Downside Target | 186.70 |
| Downside Target | 194.65 |
| Downside Target | 197.90 |
| Downside Target | 198.95 |
| Upside Target | 206.90 |
| Upside Target | 208.60 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 198.6 |
| Downside Intraday Target | 194.8 |
| Upside Intraday Target | 206.55 |
| Upside Intraday Target | 210.7 |
| Upside Intraday Target | 202.75 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jan 2022 | 202.40 | 198.95 | 206.90 | 198.95 | 0.321 times |
| 07 Fri Jan 2022 | 198.95 | 198.00 | 208.60 | 177.05 | 0.721 times |
| 31 Fri Dec 2021 | 194.70 | 183.00 | 197.90 | 183.00 | 2.848 times |
| 24 Fri Dec 2021 | 182.10 | 172.00 | 186.70 | 172.00 | 0.733 times |
| 17 Fri Dec 2021 | 171.80 | 187.90 | 187.90 | 171.05 | 1.129 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 |
| 12 Wed Jan 2022 | 202.40 | 198.00 | 208.60 | 177.05 | 0.387 times |
| 31 Fri Dec 2021 | 194.70 | 185.50 | 197.90 | 171.05 | 0.755 times |
| 30 Tue Nov 2021 | 179.25 | 181.25 | 194.65 | 170.00 | 2.129 times |
| 29 Fri Oct 2021 | 170.75 | 173.50 | 177.95 | 162.00 | 0.91 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 | 24, 14, 25 | Buy |
| MACD | 10, 9 | Buy |
| Stochastics | 80 | Buy |
| CCI | 65 | Sell |
| RSI | 66 | Buy |
| OBV | 26387 | Sell |
| VWAP | 200 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| Force Index | 0 | Sell |
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 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 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 losing 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 coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.
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
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 199.72 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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