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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 2022-04-27 View latest technical analysis

10 day averaged volume of Magna Electr is 1989

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 204.00 206.00 206.00 202.05 0.257 times
26 Tue Apr 2022 200.90 201.50 208.30 200.55 0.558 times
25 Mon Apr 2022 205.85 205.00 209.00 196.50 1.415 times
22 Fri Apr 2022 202.30 202.30 205.00 202.30 0.288 times
21 Thu Apr 2022 202.20 201.00 210.00 201.00 0.103 times
20 Wed Apr 2022 201.00 210.00 210.00 200.00 0.284 times
19 Tue Apr 2022 202.35 207.00 207.95 200.05 1.475 times
18 Mon Apr 2022 205.10 210.50 210.50 196.00 2.129 times
13 Wed Apr 2022 204.10 202.30 210.50 202.30 0.684 times
12 Tue Apr 2022 204.85 199.00 207.95 199.00 2.239 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 205 as stoploss in an intra day sell trade for a target of 202.46. However, stock will show a bullish move above 205.

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 197.33
Downside Intraday Target 190.67
Upside Intraday Target 209.83
Upside Intraday Target 215.67
Downside Intraday Target 203.17

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 204.00 205.00 209.00 196.50 0.521 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
27 Wed Apr 2022 204.00 201.10 214.85 192.90 0.877 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 9, 15, 25 Sell
MACD -3, -3Buy
Stochastics 45None
CCI 14Buy
RSI 48Sell
OBV 126Sell
VWAP 204Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 to mid 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 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 losing 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magna Electr in short term and BUY 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

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 204.13 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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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