(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 2024-07-19 View latest technical analysis
10 day averaged volume of South Magnes is 2196
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 225.55 | 231.95 | 238.35 | 221.25 | 0.962 times |
| 18 Thu Jul 2024 | 227.00 | 233.55 | 238.00 | 222.00 | 1.286 times |
| 16 Tue Jul 2024 | 233.55 | 231.00 | 240.00 | 231.00 | 0.34 times |
| 15 Mon Jul 2024 | 235.10 | 243.65 | 243.65 | 228.00 | 0.458 times |
| 12 Fri Jul 2024 | 238.85 | 239.00 | 241.00 | 232.00 | 0.667 times |
| 11 Thu Jul 2024 | 239.00 | 234.40 | 240.00 | 231.10 | 0.7 times |
| 10 Wed Jul 2024 | 234.05 | 242.90 | 249.45 | 233.00 | 1.372 times |
| 09 Tue Jul 2024 | 238.00 | 242.00 | 247.85 | 233.05 | 0.675 times |
| 08 Mon Jul 2024 | 242.00 | 230.10 | 251.00 | 228.95 | 1.765 times |
| 05 Fri Jul 2024 | 241.00 | 238.00 | 244.00 | 222.50 | 0.949 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 224.5 as stoploss in an intra day buy trade for a target of 231.01. However, stock will show a bearish move below 224.5.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 187.25 |
| Downside Target | 199.10 |
| Downside Target | 207.25 |
| Downside Target | 215.00 |
| Downside Target | 220.90 |
| Upside Target | 228.95 |
| Upside Target | 243.65 |
| Upside Target | 251.00 |
| Upside Target | 260.00 |
| Upside Target | 295.50 |
| Upside Target | 305.95 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 216.65 |
| Downside Intraday Target | 207.75 |
| Upside Intraday Target | 239.05 |
| Upside Intraday Target | 252.55 |
| Upside Intraday Target | 230.15 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 225.55 | 243.65 | 243.65 | 221.25 | 0.588 times |
| 12 Fri Jul 2024 | 238.85 | 230.10 | 251.00 | 228.95 | 0.902 times |
| 05 Fri Jul 2024 | 241.00 | 220.00 | 244.00 | 215.00 | 2.016 times |
| 28 Fri Jun 2024 | 221.00 | 231.55 | 231.75 | 215.05 | 0.747 times |
| 21 Fri Jun 2024 | 231.00 | 244.00 | 244.00 | 220.90 | 0.567 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 |
| 19 Fri Jul 2024 | 225.55 | 220.00 | 251.00 | 215.00 | 0.634 times |
| 28 Fri Jun 2024 | 221.00 | 212.80 | 260.00 | 187.25 | 0.859 times |
| 31 Fri May 2024 | 223.95 | 282.00 | 305.95 | 223.95 | 1.444 times |
| 30 Tue Apr 2024 | 282.70 | 218.00 | 295.50 | 207.25 | 1.065 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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
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 235.47 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 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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
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 235.47 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 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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