(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)
Showing technical analysis as on 2024-02-27 View latest technical analysis
10 day averaged volume of South Magnes is 729
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 258.60 | 258.50 | 258.60 | 258.50 | 1.288 times |
| 26 Mon Feb 2024 | 246.30 | 246.30 | 246.30 | 246.30 | 0.578 times |
| 23 Fri Feb 2024 | 234.60 | 234.60 | 234.60 | 234.60 | 1.038 times |
| 22 Thu Feb 2024 | 230.00 | 230.00 | 230.00 | 230.00 | 0.307 times |
| 21 Wed Feb 2024 | 225.50 | 225.50 | 225.50 | 225.50 | 1.274 times |
| 20 Tue Feb 2024 | 221.10 | 220.00 | 222.00 | 220.00 | 1.455 times |
| 19 Mon Feb 2024 | 220.00 | 224.45 | 224.45 | 220.00 | 0.505 times |
| 16 Fri Feb 2024 | 224.45 | 223.20 | 227.00 | 223.20 | 1.134 times |
| 15 Thu Feb 2024 | 223.20 | 223.20 | 223.20 | 223.20 | 1.329 times |
| 14 Wed Feb 2024 | 218.85 | 218.85 | 219.00 | 218.85 | 1.529 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 263.1, for a target of 248.2 or 235.73
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 149.45 |
| Downside Target | 162.60 |
| Downside Target | 182.55 |
| Downside Target | 200.00 |
| Downside Target | 218.85 |
| Downside Target | 229.95 |
| Downside Target | 246.30 |
| Downside Target | 246.55 |
| Downside Target | 252.20 |
| Downside Target | 258.60 |
| Upside Target | 261.35 |
| Upside Target | 288.25 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 250.4 |
| Downside Intraday Target | 242.2 |
| Upside Intraday Target | 262.7 |
| Upside Intraday Target | 266.8 |
| Downside Intraday Target | 254.5 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 258.60 | 246.30 | 258.60 | 246.30 | 0.407 times |
| 23 Fri Feb 2024 | 234.60 | 224.45 | 234.60 | 220.00 | 0.904 times |
| 16 Fri Feb 2024 | 224.45 | 229.95 | 229.95 | 218.85 | 0.37 times |
| 09 Fri Feb 2024 | 232.50 | 252.20 | 252.20 | 232.50 | 1.658 times |
| 02 Fri Feb 2024 | 252.20 | 256.30 | 261.35 | 246.55 | 1.096 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 South Magnes (SouthMagnes)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 258.60 | 246.60 | 258.60 | 218.85 | 0.425 times |
| 31 Wed Jan 2024 | 246.60 | 208.60 | 288.25 | 200.00 | 1.268 times |
| 29 Fri Dec 2023 | 208.60 | 204.30 | 224.65 | 182.80 | 0.809 times |
| 30 Thu Nov 2023 | 208.45 | 176.70 | 221.05 | 162.60 | 1.093 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 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 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 South Magnes ( (SouthMagnes) ) based on a mid to longer 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.
ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for South Magnes 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.
South Magnes 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 moving up
CCI has generated a buy signal for South Magnes in short term and BUY signal is strong.
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
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 229.51 and South Magnes (SouthMagnes) 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 South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes Stock is giving positive 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 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 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 South Magnes ( (SouthMagnes) ) based on a mid to longer 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.
ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for South Magnes 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.
South Magnes 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 moving up
CCI has generated a buy signal for South Magnes in short term and BUY signal is strong.
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
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 229.51 and South Magnes (SouthMagnes) 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 South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes Stock is giving positive 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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