(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 2023-01-23 View latest technical analysis
10 day averaged volume of Magna Electr is 1209
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 387.90 | 388.00 | 395.00 | 383.00 | 2.711 times |
| 20 Fri Jan 2023 | 377.45 | 389.45 | 389.45 | 377.00 | 0.636 times |
| 19 Thu Jan 2023 | 378.95 | 375.70 | 390.00 | 375.70 | 0.667 times |
| 18 Wed Jan 2023 | 384.40 | 392.90 | 392.90 | 375.05 | 0.581 times |
| 17 Tue Jan 2023 | 387.50 | 382.70 | 394.95 | 382.40 | 2.414 times |
| 16 Mon Jan 2023 | 382.40 | 397.95 | 397.95 | 370.00 | 1.828 times |
| 13 Fri Jan 2023 | 382.25 | 393.30 | 393.30 | 379.60 | 0.455 times |
| 12 Thu Jan 2023 | 381.45 | 382.30 | 400.00 | 377.60 | 0.663 times |
| 11 Wed Jan 2023 | 387.05 | 380.00 | 388.90 | 376.00 | 0.649 times |
| 10 Tue Jan 2023 | 383.00 | 393.60 | 393.60 | 376.00 | 0.285 times |
Stock of Magna Electr (MagnaElectr) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 386, but if it comes below 386, then a intra day sell could be more profitable.
If you take a sell trade below 386, then use 386 as stoploss and 381.82 as target. However if you take a buy trade in stock , then use 386 as stoploss and 390.9 as target.
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 |
| Downside Target | 383.00 |
| Upside Target | 393.40 |
| Upside Target | 395.00 |
| Upside Target | 397.95 |
| Upside Target | 400.00 |
| Upside Target | 426.00 |
| Upside Target | 436.55 |
Intraday share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Intraday Target | 382.27 |
| Downside Intraday Target | 376.63 |
| Upside Intraday Target | 394.27 |
| Upside Intraday Target | 400.63 |
| Upside Intraday Target | 388.63 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 387.90 | 388.00 | 395.00 | 383.00 | 0.443 times |
| 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 |
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 |
| 23 Mon Jan 2023 | 387.90 | 389.00 | 400.00 | 370.00 | 0.37 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 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 12, 7 | Buy |
| MACD | 3, 3 | Sell |
| Stochastics | 38 | None |
| CCI | 138 | Buy |
| RSI | 52 | Buy |
| OBV | 10949 | Sell |
| VWAP | 385 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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.
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 moving up
CCI has generated a buy signal for Magna Electr in short term and BUY 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 384.74 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 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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