(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 2022-12-01 View latest technical analysis
10 day averaged volume of Magna Electr is 2747
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Thu Dec 2022||404.90||426.00||426.00||393.30||2.042 times|
|30 Wed Nov 2022||414.00||416.00||422.30||406.10||0.832 times|
|29 Tue Nov 2022||416.00||420.00||429.00||405.00||0.176 times|
|28 Mon Nov 2022||414.50||401.00||429.00||400.00||0.678 times|
|25 Fri Nov 2022||415.20||424.00||424.00||410.00||0.302 times|
|24 Thu Nov 2022||424.50||425.85||436.00||413.00||1.481 times|
|23 Wed Nov 2022||419.85||414.00||426.90||401.00||1.276 times|
|22 Tue Nov 2022||409.55||398.20||415.00||391.00||1.282 times|
|21 Mon Nov 2022||398.20||413.95||413.95||393.30||1.359 times|
|18 Fri Nov 2022||414.00||390.60||420.00||390.60||0.734 times|
Stock of Magna Electr (MagnaElectr) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 424.9 or till 465.1. Use a stoploss of 391.34 and if this stock hits its stoploss, then it can fall down till 357.79
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||389.13|
|Downside Intraday Target||373.37|
|Upside Intraday Target||424.83|
|Upside Intraday Target||444.77|
|Upside Intraday Target||409.07|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Thu Dec 2022||404.90||401.00||429.00||393.30||0.654 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|
|01 Thu Dec 2022||404.90||426.00||426.00||393.30||0.059 times|
|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|
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Magna Electr (MagnaElectr)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||15, 16, 2||Sell|
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Weak and stock is losing 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. Bears are getting stronger in this stock.
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 and SELL 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 411.87 and Magna Electr (MagnaElectr) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.