(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 2022-11-29 View latest technical analysis
10 day averaged volume of Magna Electr is 7463
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Tue Nov 2022||416.00||420.00||429.00||405.00||0.065 times|
|28 Mon Nov 2022||414.50||401.00||429.00||400.00||0.25 times|
|25 Fri Nov 2022||415.20||424.00||424.00||410.00||0.111 times|
|24 Thu Nov 2022||424.50||425.85||436.00||413.00||0.545 times|
|23 Wed Nov 2022||419.85||414.00||426.90||401.00||0.47 times|
|22 Tue Nov 2022||409.55||398.20||415.00||391.00||0.472 times|
|21 Mon Nov 2022||398.20||413.95||413.95||393.30||0.5 times|
|18 Fri Nov 2022||414.00||390.60||420.00||390.60||0.27 times|
|17 Thu Nov 2022||410.00||420.00||428.00||410.00||0.692 times|
|16 Wed Nov 2022||412.60||412.50||436.55||395.05||5.502 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 420.7 as stoploss in an intra day sell trade for a target of 383.92. However, stock will show a bullish move above 420.7.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||401|
|Downside Intraday Target||386|
|Upside Intraday Target||430|
|Upside Intraday Target||444|
|Downside Intraday Target||415|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Tue Nov 2022||416.00||401.00||429.00||400.00||0.15 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 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|
|29 Tue Nov 2022||416.00||326.15||436.55||320.40||2.688 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||20, 13, 20||Buy|
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 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
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 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 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 412.69 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 falling down
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.