(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 2022-11-21 View latest technical analysis
10 day averaged volume of Magna Electr is 7175
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 398.20 | 413.95 | 413.95 | 393.30 | 0.52 times |
| 18 Fri Nov 2022 | 414.00 | 390.60 | 420.00 | 390.60 | 0.281 times |
| 17 Thu Nov 2022 | 410.00 | 420.00 | 428.00 | 410.00 | 0.72 times |
| 16 Wed Nov 2022 | 412.60 | 412.50 | 436.55 | 395.05 | 5.723 times |
| 15 Tue Nov 2022 | 415.80 | 415.80 | 415.80 | 415.80 | 1.235 times |
| 14 Mon Nov 2022 | 396.00 | 396.00 | 396.00 | 396.00 | 0.446 times |
| 11 Fri Nov 2022 | 377.15 | 377.15 | 377.15 | 377.15 | 0.587 times |
| 10 Thu Nov 2022 | 359.20 | 359.20 | 359.20 | 359.20 | 0.577 times |
| 09 Wed Nov 2022 | 342.10 | 330.50 | 342.10 | 325.00 | 0.26 times |
| 07 Mon Nov 2022 | 325.85 | 320.40 | 330.50 | 320.40 | 0.106 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 393.1, but if it comes below 393.1, then a intra day sell could be more profitable.
If you take a sell trade below 393.1, then use 393.1 as stoploss and 358.38 as target. However if you take a buy trade in stock , then use 393.1 as stoploss and 434.8 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 165.00 |
| Downside Target | 186.85 |
| Downside Target | 214.60 |
| Downside Target | 300.00 |
| Downside Target | 320.00 |
| Downside Target | 338.00 |
| Downside Target | 353.40 |
| Downside Target | 370.00 |
| Downside Target | 390.60 |
| Downside Target | 393.30 |
| Upside Target | 399.55 |
| Upside Target | 413.95 |
| Upside Target | 436.55 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 389.68 |
| Downside Intraday Target | 381.17 |
| Upside Intraday Target | 410.33 |
| Upside Intraday Target | 422.47 |
| Upside Intraday Target | 401.82 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 398.20 | 413.95 | 413.95 | 393.30 | 0.062 times |
| 18 Fri Nov 2022 | 414.00 | 396.00 | 436.55 | 390.60 | 5.492 times |
| 11 Fri Nov 2022 | 377.15 | 320.40 | 377.15 | 320.40 | 1.514 times |
| 04 Fri Nov 2022 | 322.40 | 341.95 | 343.50 | 321.30 | 1.252 times |
| 28 Fri Oct 2022 | 333.40 | 336.00 | 338.00 | 320.00 | 1.053 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 |
| 21 Mon Nov 2022 | 398.20 | 326.15 | 436.55 | 320.40 | 2.276 times |
| 31 Mon Oct 2022 | 338.00 | 330.00 | 353.40 | 301.10 | 0.291 times |
| 30 Fri Sep 2022 | 318.95 | 370.00 | 370.00 | 300.00 | 0.266 times |
| 30 Tue Aug 2022 | 362.50 | 186.85 | 399.55 | 186.85 | 10.813 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Magna Electr (MagnaElectr)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 14, 29 | Buy |
| MACD | 40, 32 | Buy |
| Stochastics | 75 | Buy |
| CCI | 39 | Sell |
| RSI | 58 | Buy |
| OBV | -15152 | Sell |
| VWAP | 404 | Sell |
| ADL | 0 | Sell |
| ROC | 24 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.
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 403.84 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.
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