Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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, 17Buy
Stochastics 61None
CCI 50Sell
RSI 64Buy
OBV 79636Sell
VWAP 238Sell
ADL 0Sell
ROC 13Buy
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 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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme