(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 2023-01-19 View latest technical analysis
10 day averaged volume of Magna Electr is 1390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 378.95 | 375.70 | 390.00 | 375.70 | 0.581 times |
| 18 Wed Jan 2023 | 384.40 | 392.90 | 392.90 | 375.05 | 0.505 times |
| 17 Tue Jan 2023 | 387.50 | 382.70 | 394.95 | 382.40 | 2.1 times |
| 16 Mon Jan 2023 | 382.40 | 397.95 | 397.95 | 370.00 | 1.59 times |
| 13 Fri Jan 2023 | 382.25 | 393.30 | 393.30 | 379.60 | 0.396 times |
| 12 Thu Jan 2023 | 381.45 | 382.30 | 400.00 | 377.60 | 0.576 times |
| 11 Wed Jan 2023 | 387.05 | 380.00 | 388.90 | 376.00 | 0.565 times |
| 10 Tue Jan 2023 | 383.00 | 393.60 | 393.60 | 376.00 | 0.248 times |
| 09 Mon Jan 2023 | 379.70 | 399.00 | 399.00 | 372.10 | 1.581 times |
| 06 Fri Jan 2023 | 381.90 | 393.75 | 393.75 | 377.00 | 0.681 times |
My analysis of stock is bullish for shortterm, and stock might move up till 389.4 or till 402.6. Use a stoploss of 378.39 and if this stock hits its stoploss, then it can fall down till 367.38
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 | 366.65 |
| Downside Intraday Target | 354.35 |
| Upside Intraday Target | 394.6 |
| Upside Intraday Target | 410.25 |
| Upside Intraday Target | 382.3 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 378.95 | 397.95 | 397.95 | 370.00 | 1.419 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 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 |
| 19 Thu Jan 2023 | 378.95 | 389.00 | 400.00 | 370.00 | 0.307 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 | 2.754 times |
| 31 Mon Oct 2022 | 338.00 | 330.00 | 353.40 | 301.10 | 0.291 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 | 13, 15, 6 | Sell |
| MACD | 3, 4 | Sell |
| Stochastics | 45 | None |
| CCI | -156 | Sell |
| RSI | 48 | Sell |
| OBV | -2157 | Sell |
| VWAP | 383 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid 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.
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 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 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
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 383.22 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 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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