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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 2022-07-22 View latest technical analysis

10 day averaged volume of Magna Electr is 1361

Date Daily Closing Price Open High Low Volume
22 Fri Jul 2022 181.15 183.00 184.90 177.75 1.142 times
21 Thu Jul 2022 176.05 183.00 183.00 174.80 0.807 times
20 Wed Jul 2022 180.00 179.00 180.00 174.05 1.698 times
19 Tue Jul 2022 178.00 177.00 179.00 175.65 0.575 times
18 Mon Jul 2022 175.70 170.00 178.55 170.00 2.77 times
15 Fri Jul 2022 168.25 175.00 175.00 165.00 1.507 times
14 Thu Jul 2022 175.00 175.00 175.00 174.95 1.499 times
13 Wed Jul 2022 172.65 173.30 178.00 172.05 0.694 times
12 Tue Jul 2022 178.35 177.00 179.00 173.05 0.212 times
11 Mon Jul 2022 174.95 175.00 175.00 174.95 0.04 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 182.2, for a target of 177.8 or 174.09

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
Downside Target 180.00
Upside Target 184.90
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 172.47
Downside Intraday Target 163.78
Upside Intraday Target 187.37
Upside Intraday Target 193.58
Downside Intraday Target 178.68

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
22 Fri Jul 2022 181.15 170.00 184.90 170.00 1.769 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magna Electr (MagnaElectr)

Date Monthly Closing Price Open High Low Volume
22 Fri Jul 2022 181.15 174.95 184.90 165.00 0.555 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 19, 16, 9 Buy
MACD 1, -1Buy
Stochastics 81Buy
CCI 151Buy
RSI 50Sell
OBV 5595Sell
VWAP 176Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short 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 short 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 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

ADX buy sell signal for Magna Electr stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Magna Electr in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but selling is losing 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 175.82 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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