(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 2024-03-11 View latest technical analysis
10 day averaged volume of South Magnes is 1575
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 237.80 | 248.45 | 251.35 | 228.40 | 2.956 times |
| 07 Thu Mar 2024 | 239.40 | 243.95 | 249.85 | 232.60 | 1.162 times |
| 06 Wed Mar 2024 | 243.95 | 259.40 | 259.40 | 238.05 | 1.224 times |
| 05 Tue Mar 2024 | 250.55 | 258.90 | 260.00 | 250.00 | 0.906 times |
| 04 Mon Mar 2024 | 249.20 | 233.25 | 250.20 | 229.50 | 1.038 times |
| 02 Sat Mar 2024 | 238.30 | 239.00 | 250.95 | 229.50 | 0.544 times |
| 01 Fri Mar 2024 | 241.25 | 250.00 | 250.00 | 240.05 | 0.625 times |
| 29 Thu Feb 2024 | 252.60 | 263.00 | 263.00 | 250.05 | 0.782 times |
| 28 Wed Feb 2024 | 262.90 | 271.50 | 271.50 | 250.30 | 2.851 times |
| 27 Tue Feb 2024 | 258.60 | 258.50 | 258.60 | 258.50 | 0.596 times |
Stock of South Magnes (SouthMagnes) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 250.3 or till 266.1. Use a stoploss of 237.09 and if this stock hits its stoploss, then it can fall down till 223.92
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 162.60 |
| Downside Target | 182.80 |
| Downside Target | 200.00 |
| Downside Target | 218.85 |
| Downside Target | 229.95 |
| Downside Target | 234.60 |
| Upside Target | 251.35 |
| 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 | 227.02 |
| Downside Intraday Target | 216.23 |
| Upside Intraday Target | 249.97 |
| Upside Intraday Target | 262.13 |
| Upside Intraday Target | 239.18 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 237.80 | 248.45 | 251.35 | 228.40 | 0.683 times |
| 07 Thu Mar 2024 | 239.40 | 233.25 | 260.00 | 229.50 | 0.764 times |
| 02 Sat Mar 2024 | 238.30 | 246.30 | 271.50 | 229.50 | 2.673 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 |
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 |
| 11 Mon Mar 2024 | 237.80 | 250.00 | 260.00 | 228.40 | 0.501 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 |
| 29 Fri Dec 2023 | 208.60 | 204.30 | 224.65 | 182.80 | 0.809 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 South Magnes (SouthMagnes)
Price action analysis of South Magnes ( (SouthMagnes) ) 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for South Magnes in short term but the sell signal is initial and weak.
South Magnes Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for South Magnes in short term and SELL 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 248.11 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for South Magnes in short term but the sell signal is initial and weak.
South Magnes Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for South Magnes in short term and SELL 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 248.11 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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