(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)
10 day averaged volume of Magna Electr is 2642
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 278.10 | 266.00 | 278.15 | 266.00 | 5.001 times |
| 29 Wed Mar 2023 | 264.95 | 265.90 | 270.00 | 254.00 | 3.169 times |
| 28 Tue Mar 2023 | 264.80 | 261.10 | 280.00 | 260.00 | 2.67 times |
| 27 Mon Mar 2023 | 272.95 | 289.00 | 289.00 | 270.20 | 1.427 times |
| 24 Fri Mar 2023 | 284.40 | 290.05 | 291.95 | 281.00 | 0.327 times |
| 23 Thu Mar 2023 | 289.65 | 294.00 | 294.10 | 288.50 | 0.585 times |
| 22 Wed Mar 2023 | 294.35 | 294.90 | 295.20 | 292.00 | 0.216 times |
| 21 Tue Mar 2023 | 288.30 | 292.00 | 294.00 | 287.50 | 0.404 times |
| 20 Mon Mar 2023 | 281.90 | 293.00 | 294.95 | 280.60 | 0.39 times |
| 17 Fri Mar 2023 | 293.25 | 304.05 | 304.05 | 291.25 | 0.125 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 278.7, but if it comes above 278.7, then a intra day buy could be more profitable.
If you take a sell trade below 278.7, then use 278.7 as stoploss and 258.8 as target. However if you take a buy trade in stock , then use 278.7 as stoploss and 295.29 as target.
Share price targets for Magna Electr (MagnaElectr)
| Target Type | Value |
| Downside Target | 254.00 |
| Upside Target | 280.60 |
| Upside Target | 289.00 |
| Upside Target | 307.50 |
| Upside Target | 314.90 |
| Upside Target | 328.85 |
| Upside Target | 334.25 |
| Upside Target | 341.85 |
| Upside Target | 355.05 |
| 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 | 258.4 |
| Downside Intraday Target | 238.7 |
| Upside Intraday Target | 293.4 |
| Upside Intraday Target | 308.7 |
| Downside Intraday Target | 273.7 |
Weekly technical analysis of Magna Electr (MagnaElectr)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 278.10 | 289.00 | 289.00 | 254.00 | 6.383 times |
| 24 Fri Mar 2023 | 284.40 | 293.00 | 295.20 | 280.60 | 0.619 times |
| 17 Fri Mar 2023 | 293.25 | 315.00 | 315.00 | 290.05 | 0.847 times |
| 10 Fri Mar 2023 | 314.40 | 309.95 | 328.85 | 307.50 | 0.974 times |
| 03 Fri Mar 2023 | 309.05 | 305.10 | 314.90 | 292.10 | 2.219 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 |
| 31 Fri Mar 2023 | 278.10 | 296.55 | 328.85 | 254.00 | 1.354 times |
| 28 Tue Feb 2023 | 296.55 | 341.85 | 341.85 | 290.00 | 1.283 times |
| 31 Tue Jan 2023 | 359.80 | 389.00 | 400.00 | 355.05 | 0.57 times |
| 30 Fri Dec 2022 | 379.95 | 426.00 | 426.00 | 334.25 | 0.668 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, 35, 51 | Sell |
| MACD | -25, -23 | Sell |
| Stochastics | 27 | Sell |
| CCI | -59 | Buy |
| RSI | 45 | Sell |
| OBV | 10501 | Sell |
| VWAP | 274 | Buy |
| ADL | 0 | Sell |
| ROC | -7 | 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 losing momentum.
MACD generated a SELL signal for Magna Electr in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magna Electr Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 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 273.58 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 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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