(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 2023-01-20 View latest technical analysis
10 day averaged volume of Magna Electr is 1226
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 377.45 | 389.45 | 389.45 | 377.00 | 0.627 times |
| 19 Thu Jan 2023 | 378.95 | 375.70 | 390.00 | 375.70 | 0.658 times |
| 18 Wed Jan 2023 | 384.40 | 392.90 | 392.90 | 375.05 | 0.573 times |
| 17 Tue Jan 2023 | 387.50 | 382.70 | 394.95 | 382.40 | 2.381 times |
| 16 Mon Jan 2023 | 382.40 | 397.95 | 397.95 | 370.00 | 1.803 times |
| 13 Fri Jan 2023 | 382.25 | 393.30 | 393.30 | 379.60 | 0.449 times |
| 12 Thu Jan 2023 | 381.45 | 382.30 | 400.00 | 377.60 | 0.653 times |
| 11 Wed Jan 2023 | 387.05 | 380.00 | 388.90 | 376.00 | 0.64 times |
| 10 Tue Jan 2023 | 383.00 | 393.60 | 393.60 | 376.00 | 0.281 times |
| 09 Mon Jan 2023 | 379.70 | 399.00 | 399.00 | 372.10 | 1.792 times |
My analysis of stock is bearish for shortterm, and stock might move down till 373.6 or till 365.7. Use a stoploss of 380.27 and if the stock hits stoploss, then it can shoot up till 386.9
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 | 365.65 |
| Downside Intraday Target | 353.85 |
| Upside Intraday Target | 393.6 |
| Upside Intraday Target | 409.75 |
| Upside Intraday Target | 381.8 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 377.45 | 397.95 | 397.95 | 370.00 | 1.583 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Magna Electr (MagnaElectr)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 377.45 | 389.00 | 400.00 | 370.00 | 0.319 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 | 12, 14, 6 | Sell |
| MACD | 3, 3 | Sell |
| Stochastics | 34 | None |
| CCI | -135 | Sell |
| RSI | 50 | Buy |
| OBV | 3229 | Sell |
| VWAP | 383 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | 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 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 to mid 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 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 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 below 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 BUY signal in short term and the buying is gaining 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 382.96 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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