(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)
Intraday share price targets for Magna Electr (MagnaElectr)
|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|
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