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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 2022-04-25 View latest technical analysis

10 day averaged volume of Magna Electr is 1960

Date Daily Closing Price Open High Low Volume
25 Mon Apr 2022 205.85 205.00 209.00 196.50 1.436 times
22 Fri Apr 2022 202.30 202.30 205.00 202.30 0.292 times
21 Thu Apr 2022 202.20 201.00 210.00 201.00 0.105 times
20 Wed Apr 2022 201.00 210.00 210.00 200.00 0.288 times
19 Tue Apr 2022 202.35 207.00 207.95 200.05 1.496 times
18 Mon Apr 2022 205.10 210.50 210.50 196.00 2.16 times
13 Wed Apr 2022 204.10 202.30 210.50 202.30 0.694 times
12 Tue Apr 2022 204.85 199.00 207.95 199.00 2.272 times
11 Mon Apr 2022 201.10 204.30 212.95 200.25 0.836 times
08 Fri Apr 2022 205.55 204.00 214.85 200.30 1.053 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 206.6 as stoploss in an intra day sell trade for a target of 202.92. However, stock will show a bullish move above 206.6.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 171.05
Downside Target 177.05
Downside Target 192.10
Upside Target 209.00
Upside Target 210.50
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 198.57
Downside Intraday Target 191.28
Upside Intraday Target 211.07
Upside Intraday Target 216.28
Downside Intraday Target 203.78

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
25 Mon Apr 2022 205.85 205.00 209.00 196.50 0.331 times
22 Fri Apr 2022 202.30 210.50 210.50 196.00 1.142 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

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
25 Mon Apr 2022 205.85 201.10 214.85 192.90 0.836 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 10, 17, 25 Sell
MACD -3, -4Buy
Stochastics 40None
CCI -45Buy
RSI 50Sell
OBV -69Sell
VWAP 204Buy
ADL 0Sell
ROC 1Buy
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 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

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 Strong 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magna Electr in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 204.21 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

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Daily chart

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