(SouthMagnes) South Magnes complete technical analysis [charts+indicators] | Buy/Sell South Magnes | (SouthMagnes) share price targets
Complete technical analysis of South Magnes (SouthMagnes) by charts plus indicators, forecast predictions and share price targets for South Magnes (SouthMagnes)
10 day averaged volume of South Magnes is 1174
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 225.95 | 227.00 | 227.00 | 217.40 | 0.383 times |
| 18 Thu Apr 2024 | 219.00 | 232.00 | 232.00 | 213.60 | 1.375 times |
| 16 Tue Apr 2024 | 222.85 | 212.20 | 229.95 | 212.20 | 0.647 times |
| 15 Mon Apr 2024 | 221.70 | 225.00 | 228.00 | 216.65 | 0.493 times |
| 12 Fri Apr 2024 | 226.45 | 235.55 | 240.35 | 223.80 | 1.057 times |
| 10 Wed Apr 2024 | 235.55 | 248.00 | 248.00 | 235.55 | 1.461 times |
| 09 Tue Apr 2024 | 247.90 | 253.40 | 253.40 | 230.45 | 0.882 times |
| 08 Mon Apr 2024 | 242.40 | 241.40 | 242.45 | 231.00 | 1.925 times |
| 05 Fri Apr 2024 | 230.95 | 216.70 | 238.40 | 216.70 | 0.66 times |
| 04 Thu Apr 2024 | 228.00 | 228.60 | 228.60 | 226.00 | 1.23 times |
My analysis of stock is bearish for shortterm, and stock might move down till 217.3 or till 206.1. Use a stoploss of 226.59 and if the stock hits stoploss, then it can shoot up till 235.9
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 182.80 |
| Downside Target | 199.10 |
| Downside Target | 207.25 |
| Downside Target | 212.20 |
| Downside Target | 218.85 |
| Downside Target | 223.80 |
| Upside Target | 231.50 |
| Upside Target | 239.90 |
| Upside Target | 242.80 |
| Upside Target | 253.40 |
| Upside Target | 260.00 |
| Upside Target | 271.50 |
| Upside Target | 288.25 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 214.77 |
| Downside Intraday Target | 203.58 |
| Upside Intraday Target | 234.57 |
| Upside Intraday Target | 243.18 |
| Downside Intraday Target | 223.38 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 225.95 | 225.00 | 232.00 | 212.20 | 0.544 times |
| 12 Fri Apr 2024 | 226.45 | 241.40 | 253.40 | 223.80 | 1.38 times |
| 05 Fri Apr 2024 | 230.95 | 218.00 | 239.90 | 207.25 | 1.092 times |
| 28 Thu Mar 2024 | 217.50 | 240.00 | 242.80 | 213.10 | 0.276 times |
| 22 Fri Mar 2024 | 231.50 | 209.90 | 231.50 | 199.10 | 1.714 times |
Price has moved down 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 South Magnes (SouthMagnes)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 225.95 | 218.00 | 253.40 | 207.25 | 0.388 times |
| 28 Thu Mar 2024 | 217.50 | 250.00 | 260.00 | 199.10 | 1.377 times |
| 29 Thu Feb 2024 | 252.60 | 246.60 | 271.50 | 218.85 | 0.541 times |
| 31 Wed Jan 2024 | 246.60 | 208.60 | 288.25 | 200.00 | 1.268 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 South Magnes (SouthMagnes)
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for South Magnes in short term and the sell signal is strong.
South Magnes 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 South Magnes in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of South Magnes is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 231.66 and South Magnes (SouthMagnes) 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 South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes 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.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for South Magnes in short term and the sell signal is strong.
South Magnes 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 South Magnes in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of South Magnes is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 231.66 and South Magnes (SouthMagnes) 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 South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes 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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