(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 2022-12-06 View latest technical analysis
10 day averaged volume of Magna Electr is 2868
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 394.05 | 397.00 | 397.00 | 386.00 | 0.442 times |
| 05 Mon Dec 2022 | 397.00 | 389.00 | 408.95 | 389.00 | 1.012 times |
| 02 Fri Dec 2022 | 394.40 | 410.00 | 419.80 | 390.00 | 1.258 times |
| 01 Thu Dec 2022 | 404.90 | 426.00 | 426.00 | 393.30 | 1.956 times |
| 30 Wed Nov 2022 | 414.00 | 416.00 | 422.30 | 406.10 | 0.797 times |
| 29 Tue Nov 2022 | 416.00 | 420.00 | 429.00 | 405.00 | 0.169 times |
| 28 Mon Nov 2022 | 414.50 | 401.00 | 429.00 | 400.00 | 0.65 times |
| 25 Fri Nov 2022 | 415.20 | 424.00 | 424.00 | 410.00 | 0.289 times |
| 24 Thu Nov 2022 | 424.50 | 425.85 | 436.00 | 413.00 | 1.419 times |
| 23 Wed Nov 2022 | 419.85 | 414.00 | 426.90 | 401.00 | 1.222 times |
My analysis of stock is bearish for shortterm, and stock might move down till 381.1 or till 356.6. Use a stoploss of 401.45 and if the stock hits stoploss, then it can shoot up till 421.82
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 186.85 |
| Downside Target | 300.00 |
| Downside Target | 320.40 |
| Downside Target | 353.40 |
| Downside Target | 370.00 |
| Downside Target | 386.00 |
| Upside Target | 399.55 |
| Upside Target | 408.95 |
| Upside Target | 426.00 |
| 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 | 383.72 |
| Downside Intraday Target | 373.38 |
| Upside Intraday Target | 406.67 |
| Upside Intraday Target | 419.28 |
| Upside Intraday Target | 396.33 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 394.05 | 389.00 | 408.95 | 386.00 | 0.301 times |
| 02 Fri Dec 2022 | 394.40 | 401.00 | 429.00 | 390.00 | 0.884 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 |
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 |
| 06 Tue Dec 2022 | 394.05 | 426.00 | 426.00 | 386.00 | 0.14 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 | 12, 15, 13 | Sell |
| MACD | 29, 35 | Sell |
| Stochastics | 14 | Sell |
| CCI | -146 | Sell |
| RSI | 56 | Buy |
| OBV | -25883 | Sell |
| VWAP | 409 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Magna Electr stock for short term is SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Magna Electr is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 409.07 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.
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