(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 2022-05-16 View latest technical analysis
10 day averaged volume of Magna Electr is 3400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 181.90 | 196.40 | 196.40 | 180.75 | 0.063 times |
| 13 Fri May 2022 | 188.15 | 185.00 | 188.95 | 185.00 | 0.886 times |
| 12 Thu May 2022 | 185.00 | 178.25 | 187.00 | 175.00 | 0.969 times |
| 11 Wed May 2022 | 178.10 | 183.45 | 183.45 | 175.50 | 0.724 times |
| 10 Tue May 2022 | 184.70 | 188.00 | 188.00 | 182.50 | 0.626 times |
| 09 Mon May 2022 | 186.00 | 187.00 | 188.75 | 184.00 | 0.301 times |
| 06 Fri May 2022 | 184.00 | 187.05 | 189.00 | 180.05 | 0.744 times |
| 05 Thu May 2022 | 185.75 | 196.95 | 196.95 | 181.40 | 0.75 times |
| 04 Wed May 2022 | 184.30 | 196.00 | 205.25 | 175.25 | 4.677 times |
| 02 Mon May 2022 | 200.00 | 208.80 | 208.90 | 195.00 | 0.178 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 184.8, but if it comes above 184.8, then a intra day buy could be more profitable.
If you take a sell trade below 184.8, then use 184.8 as stoploss and 173.8 as target. However if you take a buy trade in stock , then use 184.8 as stoploss and 193.97 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 175.00 |
| Downside Target | 180.75 |
| Upside Target | 188.95 |
| Upside Target | 208.90 |
| Upside Target | 209.45 |
| Upside Target | 210.50 |
| 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 | 176.3 |
| Downside Intraday Target | 170.7 |
| Upside Intraday Target | 191.95 |
| Upside Intraday Target | 202 |
| Upside Intraday Target | 186.35 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 181.90 | 196.40 | 196.40 | 180.75 | 0.018 times |
| 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 |
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 |
| 16 Mon May 2022 | 181.90 | 208.80 | 208.90 | 175.00 | 0.914 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 | 14, 20, 20 | Sell |
| MACD | -11, -10 | Sell |
| Stochastics | 29 | Sell |
| CCI | -9 | Sell |
| RSI | 42 | Sell |
| OBV | -13085 | Sell |
| VWAP | 185 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
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 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 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 184.69 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.
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