(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 2022-01-21 View latest technical analysis
10 day averaged volume of Magna Electr is 11053
|Date||Daily Closing Price||Open||High||Low||Volume|
|21 Fri Jan 2022||218.95||238.00||238.00||216.00||0.605 times|
|20 Thu Jan 2022||238.40||233.50||239.75||229.05||0.731 times|
|19 Wed Jan 2022||226.65||239.90||239.90||226.00||0.387 times|
|18 Tue Jan 2022||229.35||258.90||258.90||225.00||1.381 times|
|17 Mon Jan 2022||254.75||258.00||264.00||252.00||2.107 times|
|14 Fri Jan 2022||245.35||212.00||249.00||208.90||4.236 times|
|13 Thu Jan 2022||207.70||205.90||208.00||200.10||0.481 times|
|12 Wed Jan 2022||202.40||206.45||206.45||199.00||0.171 times|
|11 Tue Jan 2022||203.70||205.90||205.90||200.00||0.02 times|
|10 Mon Jan 2022||201.10||198.95||206.90||198.95||0.396 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 228.3 as stoploss in an intra day sell trade for a target of 209.19. However, stock will show a bullish move above 228.3.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||201.97|
|Downside Intraday Target||184.98|
|Upside Intraday Target||249.97|
|Upside Intraday Target||280.98|
|Upside Intraday Target||232.98|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|21 Fri Jan 2022||218.95||258.00||264.00||216.00||0.982 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|
|21 Fri Jan 2022||218.95||198.00||264.00||177.05||1.976 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||29, 25, 7||Buy|
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is losing 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. Bears 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 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 238.28 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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