(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 2024-10-21 View latest technical analysis
10 day averaged volume of South Magnes is 3621
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 325.10 | 340.00 | 340.00 | 325.10 | 0.468 times |
| 18 Fri Oct 2024 | 342.20 | 340.00 | 359.00 | 325.05 | 1.278 times |
| 17 Thu Oct 2024 | 342.15 | 359.65 | 359.65 | 339.65 | 0.636 times |
| 16 Wed Oct 2024 | 357.50 | 335.00 | 364.00 | 335.00 | 0.264 times |
| 15 Tue Oct 2024 | 351.15 | 345.10 | 364.95 | 345.10 | 0.211 times |
| 14 Mon Oct 2024 | 349.10 | 336.60 | 364.95 | 334.95 | 0.489 times |
| 11 Fri Oct 2024 | 352.55 | 359.75 | 364.95 | 350.00 | 0.716 times |
| 10 Thu Oct 2024 | 359.75 | 359.85 | 374.80 | 342.40 | 0.61 times |
| 09 Wed Oct 2024 | 360.40 | 389.85 | 389.85 | 359.85 | 1.429 times |
| 08 Tue Oct 2024 | 378.75 | 365.00 | 378.75 | 360.75 | 2.12 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 326.7, but if it comes above 326.7, then a intra day buy could be more profitable.
If you take a sell trade below 326.7, then use 326.7 as stoploss and 307.5 as target. However if you take a buy trade in stock , then use 326.7 as stoploss and 342.6 as target.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 187.25 |
| Downside Target | 215.00 |
| Downside Target | 260.00 |
| Downside Target | 305.85 |
| Downside Target | 315.00 |
| Downside Target | 323.85 |
| Upside Target | 336.90 |
| Upside Target | 342.40 |
| Upside Target | 364.95 |
| Upside Target | 389.85 |
| Upside Target | 424.00 |
| Upside Target | 468.95 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 320.13 |
| Downside Intraday Target | 315.17 |
| Upside Intraday Target | 335.03 |
| Upside Intraday Target | 344.97 |
| Upside Intraday Target | 330.07 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 325.10 | 340.00 | 340.00 | 325.10 | 0.163 times |
| 18 Fri Oct 2024 | 342.20 | 336.60 | 364.95 | 325.05 | 0.404 times |
| 11 Fri Oct 2024 | 352.55 | 360.75 | 389.85 | 342.40 | 6.737 times |
| 03 Thu Oct 2024 | 336.90 | 323.85 | 336.90 | 323.85 | 0.353 times |
| 27 Fri Sep 2024 | 317.50 | 339.45 | 339.45 | 315.00 | 0.438 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 |
| 21 Mon Oct 2024 | 325.10 | 330.30 | 389.85 | 325.05 | 0.809 times |
| 30 Mon Sep 2024 | 323.85 | 424.00 | 424.00 | 315.00 | 0.258 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 |
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 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 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 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 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 357.15 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 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 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 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 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 357.15 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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