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(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 15145

Date Daily Closing Price Open High Low Volume
15 Tue Jun 2021 181.25 186.95 187.00 179.00 1.052 times
14 Mon Jun 2021 183.35 172.90 188.00 172.90 6.043 times
11 Fri Jun 2021 156.70 154.00 157.45 152.65 0.654 times
10 Thu Jun 2021 155.55 158.75 161.30 153.50 0.61 times
09 Wed Jun 2021 152.30 156.00 159.00 151.00 0.676 times
08 Tue Jun 2021 156.05 159.00 159.00 155.00 0.341 times
07 Mon Jun 2021 157.05 159.45 159.45 154.05 0.21 times
04 Fri Jun 2021 155.70 157.50 158.40 155.05 0.218 times
03 Thu Jun 2021 154.05 153.55 158.25 152.90 0.299 times
02 Wed Jun 2021 153.60 159.25 159.25 150.00 0.804 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 176.7, for a target of 167.1 or 159.07

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 139.00
Downside Target 147.05
Downside Target 150.00
Downside Target 159.00
Downside Target 163.70
Downside Target 165.95
Downside Target 172.90
Downside Target 179.00
Upside Target 188.00
Upside Target 199.00

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 173.43
Downside Intraday Target 165.62
Upside Intraday Target 188.53
Upside Intraday Target 195.82
Downside Intraday Target 180.72

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
15 Tue Jun 2021 181.25 172.90 188.00 172.90 2.849 times
11 Fri Jun 2021 156.70 159.45 161.30 151.00 1.583 times
04 Fri Jun 2021 155.70 158.95 159.75 150.00 1.716 times
28 Fri May 2021 156.15 160.75 163.70 155.05 0.574 times
21 Fri May 2021 160.75 155.00 162.85 152.55 2.356 times

Price has moved up 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
15 Tue Jun 2021 181.25 157.00 188.00 150.00 2.871 times
31 Mon May 2021 156.75 162.00 165.95 152.00 2.072 times
30 Fri Apr 2021 161.75 170.95 179.00 147.05 0.508 times
31 Wed Mar 2021 171.65 174.75 199.00 159.00 1.8 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Magna Electr (MagnaElectr)

Indicator Name Indicator Value Indicator Signal
ADX 39, 9, 62 Buy
MACD 4, -0Buy
Stochastics 76Buy
CCI 171Buy
RSI 68Buy
OBV 91998Sell
VWAP 173Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer term time period is

ADX buy sell signal for Magna Electr stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Magna Electr in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! 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 coming down

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 but buying 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 173.16 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.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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