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(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 2024-05-08 View latest technical analysis

10 day averaged volume of South Magnes is 3648

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 271.35 274.35 280.00 262.75 0.357 times
07 Tue May 2024 274.35 266.30 289.90 266.30 0.508 times
06 Mon May 2024 280.30 298.90 298.90 280.30 0.599 times
03 Fri May 2024 287.05 305.95 305.95 280.25 1.28 times
02 Thu May 2024 295.00 282.00 296.75 280.00 1.072 times
30 Tue Apr 2024 282.70 294.10 295.50 281.45 1.91 times
29 Mon Apr 2024 281.45 281.45 281.45 273.45 1.191 times
26 Fri Apr 2024 268.05 268.00 268.05 261.00 0.86 times
25 Thu Apr 2024 255.30 255.00 255.30 247.60 0.816 times
24 Wed Apr 2024 243.15 220.50 243.60 220.50 1.232 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 277 as stoploss in an intra day sell trade for a target of 252.23. However, stock will show a bullish move above 277.

Share price targets for South Magnes (SouthMagnes)

Target Type Value
Downside Target 199.10
Downside Target 207.25
Downside Target 212.20
Downside Target 218.85
Downside Target 232.00
Downside Target 253.40
Downside Target 260.00
Downside Target 268.05
Upside Target 273.45
Upside Target 288.25
Upside Target 295.50
Upside Target 298.90
Upside Target 305.95

Intraday share price targets for South Magnes (SouthMagnes)

Target Type Value
Downside Intraday Target 256.43
Downside Intraday Target 241.52
Upside Intraday Target 292.58
Upside Intraday Target 313.82
Upside Intraday Target 277.67

Weekly technical analysis of South Magnes (SouthMagnes)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 271.35 298.90 298.90 262.75 0.268 times
03 Fri May 2024 287.05 281.45 305.95 273.45 1.477 times
26 Fri Apr 2024 268.05 221.45 268.05 220.50 3.958 times
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

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
08 Wed May 2024 271.35 282.00 305.95 262.75 0.357 times
30 Tue Apr 2024 282.70 218.00 295.50 207.25 1.065 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 South Magnes ( (SouthMagnes) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for South Magnes in short term and the buy signal is strong.

South Magnes Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of South Magnes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 274.95 and South Magnes (SouthMagnes) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 South Magnes ( (SouthMagnes) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for South Magnes in short term and the buy signal is strong.

South Magnes Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of South Magnes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 274.95 and South Magnes (SouthMagnes) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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