(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 2024-05-17 View latest technical analysis
10 day averaged volume of South Magnes is 2137
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 288.05 | 299.00 | 300.85 | 282.30 | 1.029 times |
| 16 Thu May 2024 | 297.10 | 302.00 | 302.00 | 285.00 | 1.37 times |
| 15 Wed May 2024 | 288.15 | 280.00 | 288.35 | 280.00 | 1.576 times |
| 14 Tue May 2024 | 274.65 | 268.00 | 278.45 | 266.80 | 0.798 times |
| 13 Mon May 2024 | 266.80 | 265.00 | 275.95 | 260.10 | 0.71 times |
| 10 Fri May 2024 | 263.25 | 266.00 | 270.50 | 262.00 | 0.463 times |
| 09 Thu May 2024 | 258.20 | 278.70 | 278.70 | 258.00 | 0.398 times |
| 08 Wed May 2024 | 271.35 | 274.35 | 280.00 | 262.75 | 0.609 times |
| 07 Tue May 2024 | 274.35 | 266.30 | 289.90 | 266.30 | 0.867 times |
| 06 Mon May 2024 | 280.30 | 298.90 | 298.90 | 280.30 | 1.023 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 289 as stoploss in an intra day sell trade for a target of 268.24. However, stock will show a bullish move above 289.
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 | 258.00 |
| Downside Target | 268.05 |
| Upside Target | 288.25 |
| Upside Target | 295.50 |
| Upside Target | 298.90 |
| Upside Target | 302.00 |
| Upside Target | 305.95 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 264.77 |
| Downside Intraday Target | 241.48 |
| Upside Intraday Target | 306.67 |
| Upside Intraday Target | 325.28 |
| Downside Intraday Target | 283.38 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 288.05 | 265.00 | 302.00 | 260.10 | 1.632 times |
| 10 Fri May 2024 | 263.25 | 298.90 | 298.90 | 258.00 | 0.361 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 |
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 South Magnes (SouthMagnes)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 288.05 | 282.00 | 305.95 | 258.00 | 0.705 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 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 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 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 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 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 losing 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for South Magnes in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 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 280.52 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 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 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 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 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 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 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 losing 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for South Magnes in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 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 280.52 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 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 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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