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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 2022-01-25 View latest technical analysis

10 day averaged volume of Magna Electr is 11864

Date Daily Closing Price Open High Low Volume
25 Tue Jan 2022 221.50 210.00 225.00 210.00 0.291 times
24 Mon Jan 2022 209.30 234.45 234.45 204.00 0.572 times
21 Fri Jan 2022 218.95 238.00 238.00 216.00 0.564 times
20 Thu Jan 2022 238.40 233.50 239.75 229.05 0.681 times
19 Wed Jan 2022 226.65 239.90 239.90 226.00 0.36 times
18 Tue Jan 2022 229.35 258.90 258.90 225.00 1.287 times
17 Mon Jan 2022 254.75 258.00 264.00 252.00 1.963 times
14 Fri Jan 2022 245.35 212.00 249.00 208.90 3.947 times
13 Thu Jan 2022 207.70 205.90 208.00 200.10 0.448 times
12 Wed Jan 2022 202.40 206.45 206.45 199.00 0.16 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 229.8 as stoploss in an intra day sell trade for a target of 211.91. However, stock will show a bullish move above 229.8.

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
Downside 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 205.52
Downside Intraday Target 189.53
Upside Intraday Target 235.97
Upside Intraday Target 250.43
Downside Intraday Target 219.98

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
25 Tue Jan 2022 221.50 234.45 234.45 204.00 0.178 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 up 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
25 Tue Jan 2022 221.50 198.00 264.00 177.05 2.124 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 22, 25, 8 Sell
MACD 18, 19Sell
Stochastics 27Sell
CCI -38Buy
RSI 58Buy
OBV 64326Sell
VWAP 238Sell
ADL 0Sell
ROC 9Buy
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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Magna Electr in short term but BUY 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 237.58 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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