Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Target Type Value
Downside Target 171.05
Downside Target 177.05
Downside Target 192.10
Upside Target 207.05
Upside Target 212.95
Upside Target 214.85
Upside Target 217.75
Upside Target 224.20
Upside Target 230.00
Upside Target 246.45
Upside Target 264.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
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
MACD -4, -4Buy
Stochastics 44None
CCI 88Buy
RSI 53Buy
OBV -3917Sell
VWAP 203Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme