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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 2022-11-28 View latest technical analysis

10 day averaged volume of Magna Electr is 7596

Date Daily Closing Price Open High Low Volume
28 Mon Nov 2022 414.50 401.00 429.00 400.00 0.245 times
25 Fri Nov 2022 415.20 424.00 424.00 410.00 0.109 times
24 Thu Nov 2022 424.50 425.85 436.00 413.00 0.536 times
23 Wed Nov 2022 419.85 414.00 426.90 401.00 0.462 times
22 Tue Nov 2022 409.55 398.20 415.00 391.00 0.464 times
21 Mon Nov 2022 398.20 413.95 413.95 393.30 0.491 times
18 Fri Nov 2022 414.00 390.60 420.00 390.60 0.266 times
17 Thu Nov 2022 410.00 420.00 428.00 410.00 0.68 times
16 Wed Nov 2022 412.60 412.50 436.55 395.05 5.406 times
15 Tue Nov 2022 415.80 415.80 415.80 415.80 1.166 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 417.3 as stoploss in an intra day sell trade for a target of 380.02. However, stock will show a bullish move above 417.3.

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 320.40
Downside Target 343.50
Downside Target 353.40
Downside Target 370.00
Downside Target 390.60
Downside Target 399.55
Downside Target 400.00
Upside Target 429.00
Upside Target 436.00
Upside Target 436.55

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 400
Downside Intraday Target 385.5
Upside Intraday Target 429
Upside Intraday Target 443.5
Downside Intraday Target 414.5

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
28 Mon Nov 2022 414.50 401.00 429.00 400.00 0.119 times
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

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
28 Mon Nov 2022 414.50 326.15 436.55 320.40 2.674 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 22, 15, 20 Buy
MACD 43, 40Buy
Stochastics 62None
CCI 16Sell
RSI 59Buy
OBV -9346Sell
VWAP 413Buy
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 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 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 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 and the buying is gaining 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 413.04 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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