(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 2022-08-01 View latest technical analysis
10 day averaged volume of Magna Electr is 3506
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||193.35||186.85||195.00||186.85||0.56 times|
|29 Fri Jul 2022||190.60||190.05||195.95||186.00||0.342 times|
|28 Thu Jul 2022||193.35||196.90||196.90||186.05||0.41 times|
|27 Wed Jul 2022||186.00||188.50||188.75||183.70||1.048 times|
|26 Tue Jul 2022||192.85||214.60||214.60||191.00||1.336 times|
|25 Mon Jul 2022||204.85||189.50||208.00||188.70||4.15 times|
|22 Fri Jul 2022||181.15||183.00||184.90||177.75||0.443 times|
|21 Thu Jul 2022||176.05||183.00||183.00||174.80||0.313 times|
|20 Wed Jul 2022||180.00||179.00||180.00||174.05||0.659 times|
|19 Tue Jul 2022||178.00||177.00||179.00||175.65||0.223 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 190.1, but if it comes below 190.1, then a intra day sell could be more profitable.
If you take a sell trade below 190.1, then use 190.1 as stoploss and 180.73 as target. However if you take a buy trade in stock , then use 190.1 as stoploss and 201.4 as target.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||188.47|
|Downside Intraday Target||183.58|
|Upside Intraday Target||196.62|
|Upside Intraday Target||199.88|
|Downside Intraday Target||191.73|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||193.35||186.85||195.00||186.85||0.077 times|
|29 Fri Jul 2022||190.60||189.50||214.60||183.70||2.685 times|
|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|
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|
|01 Mon Aug 2022||193.35||186.85||195.00||186.85||0.047 times|
|29 Fri Jul 2022||190.60||174.95||214.60||165.00||1.447 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|
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||31, 11, 47||Buy|
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Magna Electr stock for short term is BUY. Signal strength is Strong 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 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 in or below 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 BUY signal in short term but buying is losing 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 194.97 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.