(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 2022-04-26 View latest technical analysis
10 day averaged volume of Magna Electr is 2084
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||200.90||201.50||208.30||200.55||0.533 times|
|25 Mon Apr 2022||205.85||205.00||209.00||196.50||1.35 times|
|22 Fri Apr 2022||202.30||202.30||205.00||202.30||0.274 times|
|21 Thu Apr 2022||202.20||201.00||210.00||201.00||0.098 times|
|20 Wed Apr 2022||201.00||210.00||210.00||200.00||0.271 times|
|19 Tue Apr 2022||202.35||207.00||207.95||200.05||1.407 times|
|18 Mon Apr 2022||205.10||210.50||210.50||196.00||2.032 times|
|13 Wed Apr 2022||204.10||202.30||210.50||202.30||0.653 times|
|12 Tue Apr 2022||204.85||199.00||207.95||199.00||2.137 times|
|11 Mon Apr 2022||201.10||204.30||212.95||200.25||0.786 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 199.7 as stoploss in an intra day buy trade for a target of 202.23. However, stock will show a bearish move below 199.7.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||195.27|
|Downside Intraday Target||189.63|
|Upside Intraday Target||207.77|
|Upside Intraday Target||214.63|
|Upside Intraday Target||202.13|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||200.90||205.00||209.00||196.50||0.461 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 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|
|26 Tue Apr 2022||200.90||201.10||214.85||192.90||0.864 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, 16, 25||Sell|
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short 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 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 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 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.
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 SELL signal for Magna Electr in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 203.89 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.