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(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)

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 216.00
Upside Target 249.00
Upside Target 264.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
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
MACD 22, 20Buy
Stochastics 46None
CCI 4Sell
RSI 58Buy
OBV 80571Sell
VWAP 238Sell
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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

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

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Daily chart

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