(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 2467
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Dec 2022 | 389.45 | 419.00 | 419.00 | 386.05 | 1.569 times |
| 07 Wed Dec 2022 | 406.00 | 395.75 | 410.00 | 395.75 | 0.711 times |
| 06 Tue Dec 2022 | 394.05 | 397.00 | 397.00 | 386.00 | 0.514 times |
| 05 Mon Dec 2022 | 397.00 | 389.00 | 408.95 | 389.00 | 1.176 times |
| 02 Fri Dec 2022 | 394.40 | 410.00 | 419.80 | 390.00 | 1.462 times |
| 01 Thu Dec 2022 | 404.90 | 426.00 | 426.00 | 393.30 | 2.274 times |
| 30 Wed Nov 2022 | 414.00 | 416.00 | 422.30 | 406.10 | 0.927 times |
| 29 Tue Nov 2022 | 416.00 | 420.00 | 429.00 | 405.00 | 0.196 times |
| 28 Mon Nov 2022 | 414.50 | 401.00 | 429.00 | 400.00 | 0.755 times |
| 25 Fri Nov 2022 | 415.20 | 424.00 | 424.00 | 410.00 | 0.336 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 394.5, but if it comes above 394.5, then a intra day buy could be more profitable.
If you take a sell trade below 394.5, then use 394.5 as stoploss and 380.5 as target. However if you take a buy trade in stock , then use 394.5 as stoploss and 406.16 as target.
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 | 419.00 |
| 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 | 377.3 |
| Downside Intraday Target | 365.15 |
| Upside Intraday Target | 410.3 |
| Upside Intraday Target | 431.15 |
| Upside Intraday Target | 398.15 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Dec 2022 | 389.45 | 389.00 | 419.00 | 386.00 | 0.707 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 |
| 08 Thu Dec 2022 | 389.45 | 426.00 | 426.00 | 386.00 | 0.199 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 | 14, 16, 6 | Sell |
| MACD | 24, 31 | Sell |
| Stochastics | 21 | Sell |
| CCI | -73 | Sell |
| RSI | 53 | Buy |
| OBV | -30631 | Sell |
| VWAP | 402 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing 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 in or below 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 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 401.64 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.
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