(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 2022-11-25 View latest technical analysis
10 day averaged volume of Magna Electr is 7934
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 415.20 | 424.00 | 424.00 | 410.00 | 0.105 times |
| 24 Thu Nov 2022 | 424.50 | 425.85 | 436.00 | 413.00 | 0.513 times |
| 23 Wed Nov 2022 | 419.85 | 414.00 | 426.90 | 401.00 | 0.442 times |
| 22 Tue Nov 2022 | 409.55 | 398.20 | 415.00 | 391.00 | 0.444 times |
| 21 Mon Nov 2022 | 398.20 | 413.95 | 413.95 | 393.30 | 0.471 times |
| 18 Fri Nov 2022 | 414.00 | 390.60 | 420.00 | 390.60 | 0.254 times |
| 17 Thu Nov 2022 | 410.00 | 420.00 | 428.00 | 410.00 | 0.651 times |
| 16 Wed Nov 2022 | 412.60 | 412.50 | 436.55 | 395.05 | 5.176 times |
| 15 Tue Nov 2022 | 415.80 | 415.80 | 415.80 | 415.80 | 1.117 times |
| 14 Mon Nov 2022 | 396.00 | 396.00 | 396.00 | 396.00 | 0.403 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 413.7, but if it comes below 413.7, then a intra day sell could be more profitable.
If you take a sell trade below 413.7, then use 413.7 as stoploss and 375.97 as target. However if you take a buy trade in stock , then use 413.7 as stoploss and 458.9 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 | 391.00 |
| Downside Target | 399.55 |
| Upside Target | 436.00 |
| Upside Target | 436.55 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 392.13 |
| Downside Intraday Target | 369.07 |
| Upside Intraday Target | 437.13 |
| Upside Intraday Target | 459.07 |
| Downside Intraday Target | 414.07 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 415.20 | 413.95 | 436.00 | 391.00 | 0.26 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 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 |
| 25 Fri Nov 2022 | 415.20 | 326.15 | 436.55 | 320.40 | 2.62 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 | 25, 12, 38 | Buy |
| MACD | 43, 40 | Buy |
| Stochastics | 71 | Buy |
| CCI | 48 | Sell |
| RSI | 56 | Buy |
| OBV | -8307 | Sell |
| VWAP | 412 | Buy |
| ADL | 0 | Sell |
| ROC | 10 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 positive zone. This is a BUY 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 412.29 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.
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