(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 2022-01-19 View latest technical analysis
10 day averaged volume of Magna Electr is 10440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Jan 2022 | 226.65 | 239.90 | 239.90 | 226.00 | 0.409 times |
| 18 Tue Jan 2022 | 229.35 | 258.90 | 258.90 | 225.00 | 1.462 times |
| 17 Mon Jan 2022 | 254.75 | 258.00 | 264.00 | 252.00 | 2.231 times |
| 14 Fri Jan 2022 | 245.35 | 212.00 | 249.00 | 208.90 | 4.485 times |
| 13 Thu Jan 2022 | 207.70 | 205.90 | 208.00 | 200.10 | 0.509 times |
| 12 Wed Jan 2022 | 202.40 | 206.45 | 206.45 | 199.00 | 0.182 times |
| 11 Tue Jan 2022 | 203.70 | 205.90 | 205.90 | 200.00 | 0.021 times |
| 10 Mon Jan 2022 | 201.10 | 198.95 | 206.90 | 198.95 | 0.419 times |
| 07 Fri Jan 2022 | 198.95 | 200.00 | 201.00 | 196.55 | 0.095 times |
| 06 Thu Jan 2022 | 199.75 | 199.00 | 204.60 | 195.00 | 0.214 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 223.7, but if it comes below 223.7, then a intra day sell could be more profitable.
If you take a sell trade below 223.7, then use 223.7 as stoploss and 204.59 as target. However if you take a buy trade in stock , then use 223.7 as stoploss and 246.7 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 |
| Downside Target | 208.60 |
| Downside Target | 225.00 |
| Upside Target | 249.00 |
| Upside Target | 264.00 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 213.1 |
| Downside Intraday Target | 199.55 |
| Upside Intraday Target | 252.1 |
| Upside Intraday Target | 277.55 |
| Upside Intraday Target | 238.55 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Jan 2022 | 226.65 | 258.00 | 264.00 | 225.00 | 0.73 times |
| 14 Fri Jan 2022 | 245.35 | 198.95 | 249.00 | 198.95 | 2.895 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 |
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 |
| 19 Wed Jan 2022 | 226.65 | 198.00 | 264.00 | 177.05 | 1.762 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, 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 | 38, 22, 27 | Buy |
| MACD | 22, 17 | Buy |
| Stochastics | 61 | None |
| CCI | 50 | Sell |
| RSI | 64 | Buy |
| OBV | 79636 | Sell |
| VWAP | 238 | Sell |
| ADL | 0 | Sell |
| ROC | 13 | 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 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.
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 tired and bears are picking up momentum.
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 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 238.31 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for Magna Electr charts
Click here for further forecast and predictions for tomorrow