(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 2024-10-31 View latest technical analysis
10 day averaged volume of South Magnes is 2328
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 307.60 | 302.00 | 310.00 | 295.00 | 0.648 times |
| 30 Wed Oct 2024 | 301.65 | 299.10 | 310.00 | 297.75 | 0.997 times |
| 29 Tue Oct 2024 | 308.40 | 300.20 | 309.00 | 293.00 | 0.628 times |
| 28 Mon Oct 2024 | 300.45 | 312.95 | 312.95 | 300.10 | 0.64 times |
| 25 Fri Oct 2024 | 298.45 | 289.55 | 315.00 | 289.55 | 1.453 times |
| 24 Thu Oct 2024 | 304.75 | 318.00 | 326.00 | 302.10 | 0.841 times |
| 23 Wed Oct 2024 | 318.00 | 297.00 | 324.90 | 295.35 | 0.937 times |
| 22 Tue Oct 2024 | 310.85 | 308.85 | 334.95 | 308.85 | 0.801 times |
| 21 Mon Oct 2024 | 325.10 | 340.00 | 340.00 | 325.10 | 0.728 times |
| 18 Fri Oct 2024 | 342.20 | 340.00 | 359.00 | 325.05 | 1.988 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 308.7, but if it comes above 308.7, then a intra day buy could be more profitable.
If you take a sell trade below 308.7, then use 308.7 as stoploss and 279.1 as target. However if you take a buy trade in stock , then use 308.7 as stoploss and 333.32 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 | 289.55 |
| Downside Target | 305.85 |
| Upside Target | 312.95 |
| Upside 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 | 296.08 |
| Downside Intraday Target | 284.57 |
| Upside Intraday Target | 316.03 |
| Upside Intraday Target | 324.47 |
| Downside Intraday Target | 304.52 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 307.60 | 312.95 | 312.95 | 293.00 | 0.612 times |
| 25 Fri Oct 2024 | 298.45 | 340.00 | 340.00 | 289.55 | 1.063 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 |
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 |
| 31 Thu Oct 2024 | 307.60 | 330.30 | 389.85 | 289.55 | 1.14 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for South Magnes stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for South Magnes in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 314.66 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for South Magnes stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for South Magnes in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 314.66 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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