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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 2022-11-30 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, 41Sell
Stochastics 53None
CCI 11Sell
RSI 58Buy
OBV -17206Sell
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 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.

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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