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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 2022-05-13 View latest technical analysis

10 day averaged volume of Magna Electr is 3320

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 188.15 185.00 188.95 185.00 0.907 times
12 Thu May 2022 185.00 178.25 187.00 175.00 0.992 times
11 Wed May 2022 178.10 183.45 183.45 175.50 0.742 times
10 Tue May 2022 184.70 188.00 188.00 182.50 0.641 times
09 Mon May 2022 186.00 187.00 188.75 184.00 0.309 times
06 Fri May 2022 184.00 187.05 189.00 180.05 0.762 times
05 Thu May 2022 185.75 196.95 196.95 181.40 0.768 times
04 Wed May 2022 184.30 196.00 205.25 175.25 4.79 times
02 Mon May 2022 200.00 208.80 208.90 195.00 0.183 times
29 Fri Apr 2022 198.45 208.15 208.15 198.10 0.148 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 186.1 as stoploss in an intra day buy trade for a target of 195.08. However, stock will show a bearish move below 186.1.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 175.00
Upside Target 188.95
Upside Target 208.90
Upside Target 209.45
Upside Target 210.50
Upside Target 212.95
Upside Target 214.85
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 179.12
Downside Intraday Target 170.08
Upside Intraday Target 193.07
Upside Intraday Target 197.98
Downside Intraday Target 184.03

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 188.15 187.00 188.95 175.00 0.552 times
06 Fri May 2022 184.00 208.80 208.90 175.25 3.024 times
29 Fri Apr 2022 198.45 205.00 209.45 196.50 0.839 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

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
13 Fri May 2022 188.15 208.80 208.90 175.00 0.909 times
29 Fri Apr 2022 198.45 201.10 214.85 192.90 0.947 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

Scroll below to view daily charts

Price has moved down 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 8, 24, 51 Sell
MACD -10, -9Sell
Stochastics 25Sell
CCI -13Buy
RSI 43Sell
OBV -8419Sell
VWAP 185Buy
ADL 0Sell
ROC -6Sell
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 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 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 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 SELL signal for Magna Electr in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 184.91 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 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

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Daily charts

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Daily chart

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