(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 2022-04-13 View latest technical analysis
10 day averaged volume of Magna Electr is 2684
|Date||Daily Closing Price||Open||High||Low||Volume|
|13 Wed Apr 2022||204.10||202.30||210.50||202.30||0.507 times|
|12 Tue Apr 2022||204.85||199.00||207.95||199.00||1.659 times|
|11 Mon Apr 2022||201.10||204.30||212.95||200.25||0.61 times|
|08 Fri Apr 2022||205.55||204.00||214.85||200.30||0.769 times|
|07 Thu Apr 2022||203.50||201.25||205.50||198.25||0.585 times|
|06 Wed Apr 2022||204.15||203.00||206.95||203.00||0.561 times|
|05 Tue Apr 2022||202.15||208.25||208.35||202.00||1.193 times|
|04 Mon Apr 2022||204.15||209.50||209.50||192.90||1.704 times|
|01 Fri Apr 2022||198.70||201.10||207.80||198.20||0.321 times|
|31 Thu Mar 2022||199.75||214.80||214.80||196.50||1.181 times|
My analysis of stock is bearish for shortterm, and stock might move down till 199.6 or till 190.8. Use a stoploss of 206.97 and if the stock hits stoploss, then it can shoot up till 214.34
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||197.75|
|Downside Intraday Target||191.4|
|Upside Intraday Target||211.7|
|Upside Intraday Target||219.3|
|Upside Intraday Target||205.35|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|13 Wed Apr 2022||204.10||204.30||212.95||199.00||0.577 times|
|08 Fri Apr 2022||205.55||209.50||214.85||192.90||0.806 times|
|01 Fri Apr 2022||198.70||210.00||217.75||195.00||4.441 times|
|25 Fri Mar 2022||214.75||219.00||230.00||207.05||0.706 times|
|17 Thu Mar 2022||218.75||210.00||224.20||198.05||0.55 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|
|13 Wed Apr 2022||204.10||201.10||214.85||192.90||0.545 times|
|31 Thu Mar 2022||199.75||215.30||230.00||195.00||0.753 times|
|28 Mon Feb 2022||215.30||225.00||246.45||192.10||0.306 times|
|31 Mon Jan 2022||223.10||198.00||264.00||177.05||2.444 times|
Scroll below to view daily charts
Price has moved up 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||15, 14, 4||Buy|
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magna Electr in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Magna Electr in short term and BUY signal is strong.
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 203.12 and Magna Electr (MagnaElectr) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.