(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 2023-01-18 View latest technical analysis
10 day averaged volume of Magna Electr is 1437
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 384.40 | 392.90 | 392.90 | 375.05 | 0.489 times |
| 17 Tue Jan 2023 | 387.50 | 382.70 | 394.95 | 382.40 | 2.031 times |
| 16 Mon Jan 2023 | 382.40 | 397.95 | 397.95 | 370.00 | 1.538 times |
| 13 Fri Jan 2023 | 382.25 | 393.30 | 393.30 | 379.60 | 0.383 times |
| 12 Thu Jan 2023 | 381.45 | 382.30 | 400.00 | 377.60 | 0.557 times |
| 11 Wed Jan 2023 | 387.05 | 380.00 | 388.90 | 376.00 | 0.546 times |
| 10 Tue Jan 2023 | 383.00 | 393.60 | 393.60 | 376.00 | 0.24 times |
| 09 Mon Jan 2023 | 379.70 | 399.00 | 399.00 | 372.10 | 1.529 times |
| 06 Fri Jan 2023 | 381.90 | 393.75 | 393.75 | 377.00 | 0.658 times |
| 05 Thu Jan 2023 | 386.35 | 389.80 | 389.80 | 375.15 | 1.701 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 389.5 as stoploss in an intra day sell trade for a target of 377.03. However, stock will show a bullish move above 389.5.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 300.00 |
| Downside Target | 320.40 |
| Downside Target | 334.25 |
| Downside Target | 351.00 |
| Downside Target | 370.00 |
| Upside Target | 393.40 |
| Upside Target | 393.75 |
| Upside Target | 397.95 |
| Upside Target | 400.00 |
| Upside Target | 406.00 |
| Upside Target | 426.00 |
| Upside Target | 436.55 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 370.28 |
| Downside Intraday Target | 356.17 |
| Upside Intraday Target | 398.23 |
| Upside Intraday Target | 412.07 |
| Downside Intraday Target | 384.12 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 384.40 | 397.95 | 397.95 | 370.00 | 1.246 times |
| 13 Fri Jan 2023 | 382.25 | 399.00 | 400.00 | 372.10 | 0.566 times |
| 06 Fri Jan 2023 | 381.90 | 389.00 | 393.75 | 375.10 | 0.824 times |
| 30 Fri Dec 2022 | 379.95 | 351.00 | 393.40 | 351.00 | 0.569 times |
| 23 Fri Dec 2022 | 339.95 | 387.25 | 406.00 | 334.25 | 1.489 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 |
| 18 Wed Jan 2023 | 384.40 | 389.00 | 400.00 | 370.00 | 0.294 times |
| 30 Fri Dec 2022 | 379.95 | 426.00 | 426.00 | 334.25 | 0.668 times |
| 30 Wed Nov 2022 | 414.00 | 326.15 | 436.55 | 320.40 | 2.49 times |
| 31 Mon Oct 2022 | 338.00 | 330.00 | 353.40 | 301.10 | 0.322 times |
Scroll below to view daily charts
Price has moved up 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)
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid 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 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 losing momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 384.02 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid 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 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 losing momentum.
MACD generated a BUY signal for Magna Electr in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 384.02 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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