(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 2023-01-30 View latest technical analysis
10 day averaged volume of Magna Electr is 2049
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 378.70 | 380.00 | 380.00 | 372.00 | 0.135 times |
| 27 Fri Jan 2023 | 373.20 | 385.00 | 385.00 | 364.00 | 0.51 times |
| 25 Wed Jan 2023 | 378.75 | 373.85 | 387.35 | 355.05 | 2.88 times |
| 24 Tue Jan 2023 | 372.95 | 395.00 | 395.00 | 368.55 | 1.126 times |
| 23 Mon Jan 2023 | 387.90 | 388.00 | 395.00 | 383.00 | 1.6 times |
| 20 Fri Jan 2023 | 377.45 | 389.45 | 389.45 | 377.00 | 0.375 times |
| 19 Thu Jan 2023 | 378.95 | 375.70 | 390.00 | 375.70 | 0.394 times |
| 18 Wed Jan 2023 | 384.40 | 392.90 | 392.90 | 375.05 | 0.343 times |
| 17 Tue Jan 2023 | 387.50 | 382.70 | 394.95 | 382.40 | 1.425 times |
| 16 Mon Jan 2023 | 382.40 | 397.95 | 397.95 | 370.00 | 1.079 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 377.2 as stoploss in an intra day buy trade for a target of 381.63. However, stock will show a bearish move below 377.2.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 300.00 |
| Downside Target | 320.40 |
| Downside Target | 334.25 |
| Downside Target | 353.40 |
| Downside Target | 370.00 |
| Upside Target | 393.75 |
| 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 | 373.8 |
| Downside Intraday Target | 368.9 |
| Upside Intraday Target | 381.8 |
| Upside Intraday Target | 384.9 |
| Downside Intraday Target | 376.9 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 378.70 | 380.00 | 380.00 | 372.00 | 0.022 times |
| 27 Fri Jan 2023 | 373.20 | 388.00 | 395.00 | 355.05 | 1.692 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 |
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 |
| 30 Mon Jan 2023 | 378.70 | 389.00 | 400.00 | 355.05 | 0.52 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 | 9, 19, 37 | Sell |
| MACD | 0, 2 | Sell |
| Stochastics | 50 | None |
| CCI | -67 | Buy |
| RSI | 49 | Sell |
| OBV | 10957 | Sell |
| VWAP | 381 | 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 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 Strong 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. Bulls 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 moving up
CCI has generated a buy signal for Magna Electr in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 381.1 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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