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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 2022-04-26 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)

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 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
MACD -3, -4Buy
Stochastics 38None
CCI -88Sell
RSI 48Sell
OBV -322Sell
VWAP 204Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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.

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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