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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 2022-07-19 View latest technical analysis

10 day averaged volume of Magna Electr is 1001

Date Daily Closing Price Open High Low Volume
19 Tue Jul 2022 178.00 177.00 179.00 175.65 0.782 times
18 Mon Jul 2022 175.70 170.00 178.55 170.00 3.766 times
15 Fri Jul 2022 168.25 175.00 175.00 165.00 2.049 times
14 Thu Jul 2022 175.00 175.00 175.00 174.95 2.038 times
13 Wed Jul 2022 172.65 173.30 178.00 172.05 0.943 times
12 Tue Jul 2022 178.35 177.00 179.00 173.05 0.288 times
11 Mon Jul 2022 174.95 175.00 175.00 174.95 0.055 times
08 Fri Jul 2022 172.55 170.80 176.90 170.80 0.268 times
07 Thu Jul 2022 177.95 178.00 178.00 170.15 0.287 times
06 Wed Jul 2022 170.15 170.10 178.90 170.00 0.292 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 176.1, but if it comes below 176.1, then a intra day sell could be more profitable.
If you take a sell trade below 176.1, then use 176.1 as stoploss and 173.11 as target. However if you take a buy trade in stock , then use 176.1 as stoploss and 179.7 as target.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.95
Downside Target 163.75
Downside Target 170.00
Downside Target 175.50
Upside Target 179.00
Upside Target 179.95
Upside Target 180.00
Upside Target 192.90
Upside Target 195.00
Upside Target 208.90
Upside Target 214.85
Upside Target 230.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 172.33
Downside Intraday Target 166.67
Upside Intraday Target 181.33
Upside Intraday Target 184.67
Downside Intraday Target 175.67

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
19 Tue Jul 2022 178.00 170.00 179.00 170.00 0.847 times
15 Fri Jul 2022 168.25 175.00 179.00 165.00 5.608 times
08 Fri Jul 2022 172.55 173.90 178.90 170.00 0.619 times
01 Fri Jul 2022 173.90 173.00 179.95 163.75 0.22 times
24 Fri Jun 2022 170.20 167.00 175.50 150.95 0.872 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
19 Tue Jul 2022 178.00 174.95 179.00 165.00 0.382 times
30 Thu Jun 2022 170.05 179.95 180.00 150.95 0.475 times
31 Tue May 2022 177.45 208.80 208.90 171.00 1.635 times
29 Fri Apr 2022 198.45 201.10 214.85 192.90 0.947 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 18, 20, 7 Sell
MACD -1, -2Buy
Stochastics 64None
CCI 134Buy
RSI 50Sell
OBV 6651Sell
VWAP 174Buy
ADL 0Sell
ROC 3Buy
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 173.95 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 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 positive

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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