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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 2022-04-18 View latest technical analysis

10 day averaged volume of Magna Electr is 2440

Date Daily Closing Price Open High Low Volume
18 Mon Apr 2022 205.10 210.50 210.50 196.00 1.735 times
13 Wed Apr 2022 204.10 202.30 210.50 202.30 0.558 times
12 Tue Apr 2022 204.85 199.00 207.95 199.00 1.825 times
11 Mon Apr 2022 201.10 204.30 212.95 200.25 0.671 times
08 Fri Apr 2022 205.55 204.00 214.85 200.30 0.846 times
07 Thu Apr 2022 203.50 201.25 205.50 198.25 0.643 times
06 Wed Apr 2022 204.15 203.00 206.95 203.00 0.618 times
05 Tue Apr 2022 202.15 208.25 208.35 202.00 1.312 times
04 Mon Apr 2022 204.15 209.50 209.50 192.90 1.874 times
01 Fri Apr 2022 198.70 201.10 207.80 198.20 0.353 times

My analysis of stock is bearish for shortterm, and stock might move down till 199.4 or till 191. Use a stoploss of 206.37 and if the stock hits stoploss, then it can shoot up till 213.38

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 230.00
Upside Target 246.45
Upside Target 264.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 197.23
Downside Intraday Target 189.37
Upside Intraday Target 211.73
Upside Intraday Target 218.37
Downside Intraday Target 203.87

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
18 Mon Apr 2022 205.10 210.50 210.50 196.00 0.568 times
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

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
18 Mon Apr 2022 205.10 201.10 214.85 192.90 0.654 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 13, 17, 14 Sell
MACD -4, -4Buy
Stochastics 52None
CCI -8Sell
RSI 52Buy
OBV 1206Sell
VWAP 204Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 negative zone. This is the SELL 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 203.87 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.

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Daily charts

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Daily chart

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