(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 2022-11-30 View latest technical analysis
10 day averaged volume of Magna Electr is 6625
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 414.00 | 416.00 | 422.30 | 406.10 | 0.345 times |
| 29 Tue Nov 2022 | 416.00 | 420.00 | 429.00 | 405.00 | 0.073 times |
| 28 Mon Nov 2022 | 414.50 | 401.00 | 429.00 | 400.00 | 0.281 times |
| 25 Fri Nov 2022 | 415.20 | 424.00 | 424.00 | 410.00 | 0.125 times |
| 24 Thu Nov 2022 | 424.50 | 425.85 | 436.00 | 413.00 | 0.614 times |
| 23 Wed Nov 2022 | 419.85 | 414.00 | 426.90 | 401.00 | 0.529 times |
| 22 Tue Nov 2022 | 409.55 | 398.20 | 415.00 | 391.00 | 0.532 times |
| 21 Mon Nov 2022 | 398.20 | 413.95 | 413.95 | 393.30 | 0.563 times |
| 18 Fri Nov 2022 | 414.00 | 390.60 | 420.00 | 390.60 | 0.304 times |
| 17 Thu Nov 2022 | 410.00 | 420.00 | 428.00 | 410.00 | 0.779 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 423.4 as stoploss in an intra day sell trade for a target of 387.87. However, stock will show a bullish move above 423.4.
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 | 399.67 |
| Downside Intraday Target | 385.33 |
| Upside Intraday Target | 428.67 |
| Upside Intraday Target | 443.33 |
| Upside Intraday Target | 414.33 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 414.00 | 401.00 | 429.00 | 400.00 | 0.296 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 |
| 30 Wed Nov 2022 | 414.00 | 326.15 | 436.55 | 320.40 | 2.754 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 | 18, 12, 20 | Buy |
| MACD | 41, 41 | Sell |
| Stochastics | 53 | None |
| CCI | 11 | Sell |
| RSI | 58 | Buy |
| OBV | -17206 | Sell |
| VWAP | 413 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | 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
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 gaining momentum.
MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.
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 412.94 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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