(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 18849
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Fri Jun 2021||180.15||184.00||184.00||176.50||0.818 times|
|17 Thu Jun 2021||181.65||185.45||185.45||180.90||0.373 times|
|16 Wed Jun 2021||183.45||186.95||186.95||170.00||1.75 times|
|15 Tue Jun 2021||181.25||186.95||187.00||179.00||0.845 times|
|14 Mon Jun 2021||183.35||172.90||188.00||172.90||4.855 times|
|11 Fri Jun 2021||156.70||154.00||157.45||152.65||0.525 times|
|10 Thu Jun 2021||155.55||158.75||161.30||153.50||0.49 times|
|09 Wed Jun 2021||152.30||156.00||159.00||151.00||0.543 times|
|08 Tue Jun 2021||156.05||159.00||159.00||155.00||0.274 times|
|07 Mon Jun 2021||157.05||159.45||159.45||154.05||0.168 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 173.9, but if it comes below 173.9, then a intra day sell could be more profitable.
If you take a sell trade below 173.9, then use 173.9 as stoploss and 162.63 as target. However if you take a buy trade in stock , then use 173.9 as stoploss and 187.5 as target.
Share price targets for Magna Electr (MagnaElectr)
Intraday share price targets for Magna Electr (MagnaElectr)
|Downside Intraday Target||170.77|
|Downside Intraday Target||161.38|
|Upside Intraday Target||188.77|
|Upside Intraday Target||197.38|
|Downside Intraday Target||179.38|
Weekly technical analysis of Magna Electr (MagnaElectr)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Fri Jun 2021||180.15||172.90||188.00||170.00||4.319 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|
|18 Fri Jun 2021||180.15||157.00||188.00||150.00||3.822 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||28, 20, 16||Buy|
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.
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 SELL signal for Magna Electr in short term but SELL signal is weak.
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
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 177.59 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.