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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 2022-11-29 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)

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 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
MACD 42, 41Buy
Stochastics 54None
CCI 44Buy
RSI 57Buy
OBV -11538Sell
VWAP 413Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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