(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 2024-08-05 View latest technical analysis
10 day averaged volume of South Magnes is 14842
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 353.60 | 353.60 | 353.60 | 343.00 | 1.317 times |
| 02 Fri Aug 2024 | 336.80 | 329.90 | 336.80 | 327.00 | 1.046 times |
| 01 Thu Aug 2024 | 320.80 | 320.80 | 320.80 | 305.85 | 2.428 times |
| 31 Wed Jul 2024 | 305.55 | 305.85 | 305.85 | 301.00 | 4.905 times |
| 30 Tue Jul 2024 | 291.30 | 291.30 | 291.30 | 291.30 | 0.092 times |
| 29 Mon Jul 2024 | 277.45 | 277.45 | 277.45 | 277.45 | 0.126 times |
| 26 Fri Jul 2024 | 264.25 | 256.75 | 264.25 | 247.00 | 0.242 times |
| 25 Thu Jul 2024 | 251.70 | 259.35 | 272.00 | 246.40 | 0.245 times |
| 24 Wed Jul 2024 | 259.35 | 258.00 | 259.35 | 252.00 | 0.238 times |
| 23 Tue Jul 2024 | 247.00 | 248.60 | 248.60 | 237.00 | 0.496 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 345.7, for a target of 300.5 or 262.89
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 187.25 |
| Downside Target | 207.25 |
| Downside Target | 215.00 |
| Downside Target | 221.25 |
| Downside Target | 228.95 |
| Downside Target | 243.65 |
| Downside Target | 251.00 |
| Downside Target | 260.00 |
| Downside Target | 272.00 |
| Downside Target | 277.45 |
| Downside Target | 295.50 |
| Downside Target | 305.85 |
| Downside Target | 336.80 |
| Downside Target | 343.00 |
| Downside Target | 353.60 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 346.53 |
| Downside Intraday Target | 339.47 |
| Upside Intraday Target | 357.13 |
| Upside Intraday Target | 360.67 |
| Downside Intraday Target | 350.07 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 353.60 | 353.60 | 353.60 | 343.00 | 0.153 times |
| 02 Fri Aug 2024 | 336.80 | 277.45 | 336.80 | 277.45 | 6.125 times |
| 26 Fri Jul 2024 | 264.25 | 232.00 | 272.00 | 232.00 | 3.116 times |
| 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 |
Price has moved up 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 |
| 05 Mon Aug 2024 | 353.60 | 320.80 | 353.60 | 305.85 | 0.558 times |
| 31 Wed Jul 2024 | 305.55 | 220.00 | 305.85 | 215.00 | 2.637 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is gaining 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 moving up
CCI has generated a buy signal for South Magnes in short term and BUY 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 311.38 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Strong and stock is gaining 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 moving up
CCI has generated a buy signal for South Magnes in short term and BUY 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 311.38 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 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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