(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 2024-09-17 View latest technical analysis
10 day averaged volume of South Magnes is 1666
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 353.55 | 353.55 | 353.55 | 353.55 | 5.43 times |
| 16 Mon Sep 2024 | 346.65 | 346.65 | 346.65 | 346.65 | 3.485 times |
| 13 Fri Sep 2024 | 353.70 | 353.70 | 353.70 | 353.70 | 0.7 times |
| 12 Thu Sep 2024 | 360.90 | 360.90 | 360.90 | 360.90 | 1.142 times |
| 11 Wed Sep 2024 | 368.25 | 368.25 | 368.25 | 368.25 | 0.582 times |
| 10 Tue Sep 2024 | 375.75 | 375.75 | 375.75 | 375.75 | 0.592 times |
| 09 Mon Sep 2024 | 383.40 | 383.40 | 383.40 | 383.40 | 1.603 times |
| 06 Fri Sep 2024 | 391.20 | 391.20 | 391.20 | 391.20 | 0.57 times |
| 05 Thu Sep 2024 | 399.15 | 399.15 | 399.15 | 399.15 | 0.354 times |
| 04 Wed Sep 2024 | 407.25 | 407.25 | 407.25 | 407.25 | 0.75 times |
Stock of South Magnes (SouthMagnes) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 368.5, but if it comes above 368.5, then a intra day buy could be more profitable.
If you take a sell trade below 368.5, then use 368.5 as stoploss and 324.1 as target. However if you take a buy trade in stock , then use 368.5 as stoploss and 405.48 as target.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 187.25 |
| Downside Target | 215.00 |
| Downside Target | 223.95 |
| Downside Target | 260.00 |
| Downside Target | 305.85 |
| Downside Target | 346.65 |
| Upside Target | 383.40 |
| Upside Target | 391.20 |
| Upside Target | 424.00 |
| Upside Target | 424.35 |
| Upside Target | 446.65 |
| Upside Target | 468.95 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 348.95 |
| Downside Intraday Target | 344.35 |
| Upside Intraday Target | 355.85 |
| Upside Intraday Target | 358.15 |
| Downside Intraday Target | 351.25 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 353.55 | 346.65 | 353.55 | 346.65 | 1.93 times |
| 13 Fri Sep 2024 | 353.70 | 383.40 | 383.40 | 353.70 | 2.221 times |
| 06 Fri Sep 2024 | 391.20 | 424.00 | 424.00 | 391.20 | 0.157 times |
| 30 Fri Aug 2024 | 432.65 | 459.90 | 468.95 | 424.35 | 0.668 times |
| 23 Fri Aug 2024 | 446.65 | 367.55 | 446.65 | 349.20 | 1.074 times |
Price has moved down 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 Tue Sep 2024 | 353.55 | 424.00 | 424.00 | 346.65 | 0.137 times |
| 30 Fri Aug 2024 | 432.65 | 320.80 | 468.95 | 305.85 | 1.484 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 |
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 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 neutral. A longer time frame might give a better analysis.
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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for South Magnes in short term but BUY 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
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 362.22 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 negative.
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 neutral. A longer time frame might give a better analysis.
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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for South Magnes in short term but BUY 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
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 362.22 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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