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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 2022-01-24 View latest technical analysis

10 day averaged volume of Magna Electr is 11623

Date Daily Closing Price Open High Low Volume
24 Mon Jan 2022 209.30 234.45 234.45 204.00 0.584 times
21 Fri Jan 2022 218.95 238.00 238.00 216.00 0.576 times
20 Thu Jan 2022 238.40 233.50 239.75 229.05 0.695 times
19 Wed Jan 2022 226.65 239.90 239.90 226.00 0.368 times
18 Tue Jan 2022 229.35 258.90 258.90 225.00 1.313 times
17 Mon Jan 2022 254.75 258.00 264.00 252.00 2.004 times
14 Fri Jan 2022 245.35 212.00 249.00 208.90 4.029 times
13 Thu Jan 2022 207.70 205.90 208.00 200.10 0.457 times
12 Wed Jan 2022 202.40 206.45 206.45 199.00 0.163 times
11 Tue Jan 2022 203.70 205.90 205.90 200.00 0.019 times

My analysis of stock is bearish for shortterm, and stock might move down till 191.8 or till 169.6. Use a stoploss of 210.23 and if the stock hits stoploss, then it can shoot up till 228.71

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 194.65
Downside Target 204.00
Downside Target 208.60
Upside Target 216.00
Upside Target 234.45
Upside Target 249.00
Upside Target 264.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 197.38
Downside Intraday Target 185.47
Upside Intraday Target 227.83
Upside Intraday Target 246.37
Upside Intraday Target 215.92

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
24 Mon Jan 2022 209.30 234.45 234.45 204.00 0.118 times
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

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
24 Mon Jan 2022 209.30 198.00 264.00 177.05 2.074 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 24, 28, 8 Sell
MACD 19, 19Sell
Stochastics 36None
CCI -41Sell
RSI 56Buy
OBV 74538Sell
VWAP 238Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 237.99 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

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Daily charts

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Daily chart

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