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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)

10 day averaged volume of Magna Electr is 2868

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 394.05 397.00 397.00 386.00 0.442 times
05 Mon Dec 2022 397.00 389.00 408.95 389.00 1.012 times
02 Fri Dec 2022 394.40 410.00 419.80 390.00 1.258 times
01 Thu Dec 2022 404.90 426.00 426.00 393.30 1.956 times
30 Wed Nov 2022 414.00 416.00 422.30 406.10 0.797 times
29 Tue Nov 2022 416.00 420.00 429.00 405.00 0.169 times
28 Mon Nov 2022 414.50 401.00 429.00 400.00 0.65 times
25 Fri Nov 2022 415.20 424.00 424.00 410.00 0.289 times
24 Thu Nov 2022 424.50 425.85 436.00 413.00 1.419 times
23 Wed Nov 2022 419.85 414.00 426.90 401.00 1.222 times

My analysis of stock is bearish for shortterm, and stock might move down till 381.1 or till 356.6. Use a stoploss of 401.45 and if the stock hits stoploss, then it can shoot up till 421.82

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 186.85
Downside Target 300.00
Downside Target 320.40
Downside Target 353.40
Downside Target 370.00
Downside Target 386.00
Upside Target 399.55
Upside Target 408.95
Upside Target 426.00
Upside Target 429.00
Upside Target 436.00
Upside Target 436.55

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 383.72
Downside Intraday Target 373.38
Upside Intraday Target 406.67
Upside Intraday Target 419.28
Upside Intraday Target 396.33

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 394.05 389.00 408.95 386.00 0.301 times
02 Fri Dec 2022 394.40 401.00 429.00 390.00 0.884 times
25 Fri Nov 2022 415.20 413.95 436.00 391.00 0.26 times
18 Fri Nov 2022 414.00 396.00 436.55 390.60 5.492 times
11 Fri Nov 2022 377.15 320.40 377.15 320.40 1.514 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
06 Tue Dec 2022 394.05 426.00 426.00 386.00 0.14 times
30 Wed Nov 2022 414.00 326.15 436.55 320.40 2.754 times
31 Mon Oct 2022 338.00 330.00 353.40 301.10 0.291 times
30 Fri Sep 2022 318.95 370.00 370.00 300.00 0.266 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Magna Electr (MagnaElectr)

Indicator Name Indicator Value Indicator Signal
ADX 12, 15, 13 Sell
MACD 29, 35Sell
Stochastics 14Sell
CCI -146Sell
RSI 56Buy
OBV -25883Sell
VWAP 409Sell
ADL 0Sell
ROC -4Sell
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 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 mid to longer 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.

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 green color and prices are above the green 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 and the buying is gaining 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 409.07 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 has given negative 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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