(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 2024-05-22 View latest technical analysis
10 day averaged volume of South Magnes is 1944
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 277.45 | 288.15 | 291.00 | 274.50 | 0.669 times |
| 21 Tue May 2024 | 283.90 | 298.65 | 298.65 | 282.50 | 2.046 times |
| 18 Sat May 2024 | 288.55 | 292.00 | 302.40 | 285.30 | 0.313 times |
| 17 Fri May 2024 | 288.05 | 299.00 | 300.85 | 282.30 | 1.131 times |
| 16 Thu May 2024 | 297.10 | 302.00 | 302.00 | 285.00 | 1.506 times |
| 15 Wed May 2024 | 288.15 | 280.00 | 288.35 | 280.00 | 1.733 times |
| 14 Tue May 2024 | 274.65 | 268.00 | 278.45 | 266.80 | 0.877 times |
| 13 Mon May 2024 | 266.80 | 265.00 | 275.95 | 260.10 | 0.78 times |
| 10 Fri May 2024 | 263.25 | 266.00 | 270.50 | 262.00 | 0.509 times |
| 09 Thu May 2024 | 258.20 | 278.70 | 278.70 | 258.00 | 0.437 times |
My analysis of stock is bullish for shortterm, and stock might move up till 289.8 or till 306.1. Use a stoploss of 276.24 and if this stock hits its stoploss, then it can fall down till 262.65
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 199.10 |
| Downside Target | 207.25 |
| Downside Target | 218.85 |
| Downside Target | 258.00 |
| Downside Target | 268.05 |
| Upside Target | 288.25 |
| Upside Target | 295.50 |
| Upside Target | 298.65 |
| Upside Target | 298.90 |
| Upside Target | 302.40 |
| Upside Target | 305.95 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 268.42 |
| Downside Intraday Target | 259.38 |
| Upside Intraday Target | 292.57 |
| Upside Intraday Target | 307.68 |
| Upside Intraday Target | 283.53 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 277.45 | 298.65 | 298.65 | 274.50 | 0.428 times |
| 18 Sat May 2024 | 288.55 | 265.00 | 302.40 | 260.10 | 1.717 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 |
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 |
| 22 Wed May 2024 | 277.45 | 282.00 | 305.95 | 258.00 | 0.856 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for South Magnes in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 282.49 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for South Magnes in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 282.49 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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