(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 2022-04-20 View latest technical analysis
10 day averaged volume of Magna Electr is 2754
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Wed Apr 2022||201.00||210.00||210.00||200.00||0.205 times|
|19 Tue Apr 2022||202.35||207.00||207.95||200.05||1.065 times|
|18 Mon Apr 2022||205.10||210.50||210.50||196.00||1.537 times|
|13 Wed Apr 2022||204.10||202.30||210.50||202.30||0.494 times|
|12 Tue Apr 2022||204.85||199.00||207.95||199.00||1.617 times|
|11 Mon Apr 2022||201.10||204.30||212.95||200.25||0.595 times|
|08 Fri Apr 2022||205.55||204.00||214.85||200.30||0.749 times|
|07 Thu Apr 2022||203.50||201.25||205.50||198.25||0.57 times|
|06 Wed Apr 2022||204.15||203.00||206.95||203.00||0.547 times|
|05 Tue Apr 2022||202.15||208.25||208.35||202.00||1.163 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 198.8 as stoploss in an intra day buy trade for a target of 204.75. However, stock will show a bearish move below 198.8.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||194.5|
|Downside Intraday Target||188|
|Upside Intraday Target||209|
|Upside Intraday Target||217|
|Upside Intraday Target||202.5|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Wed Apr 2022||201.00||210.50||210.50||196.00||1.038 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 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|
|20 Wed Apr 2022||201.00||201.10||214.85||192.90||0.744 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, 15, 7||Sell|
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 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 to mid 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 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 BUY signal for Magna Electr in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 but BUY signal is weak.
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 203.75 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.