(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 2024-11-06 View latest technical analysis
10 day averaged volume of South Magnes is 2038
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 300.50 | 331.35 | 331.35 | 299.85 | 6.121 times |
| 05 Tue Nov 2024 | 315.60 | 313.00 | 320.00 | 307.05 | 1.519 times |
| 04 Mon Nov 2024 | 307.20 | 307.00 | 309.00 | 300.00 | 0.394 times |
| 01 Fri Nov 2024 | 302.95 | 314.95 | 314.95 | 301.00 | 1.07 times |
| 31 Thu Oct 2024 | 307.60 | 302.00 | 310.00 | 295.00 | 0.74 times |
| 30 Wed Oct 2024 | 301.65 | 299.10 | 310.00 | 297.75 | 1.139 times |
| 29 Tue Oct 2024 | 308.40 | 300.20 | 309.00 | 293.00 | 0.718 times |
| 28 Mon Oct 2024 | 300.45 | 312.95 | 312.95 | 300.10 | 0.731 times |
| 25 Fri Oct 2024 | 298.45 | 289.55 | 315.00 | 289.55 | 1.659 times |
| 24 Thu Oct 2024 | 304.75 | 318.00 | 326.00 | 302.10 | 0.96 times |
Stock of South Magnes (SouthMagnes) has showed a significant fall. This could be a good time to exit from 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 301.2, but if it comes above 301.2, then a intra day buy could be more profitable.
If you take a sell trade below 301.2, then use 301.2 as stoploss and 275.2 as target. However if you take a buy trade in stock , then use 301.2 as stoploss and 322.8 as target.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 215.00 |
| Downside Target | 289.55 |
| Downside Target | 299.85 |
| Upside Target | 305.85 |
| Upside Target | 314.95 |
| Upside Target | 325.05 |
| Upside Target | 340.00 |
| 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 | 289.78 |
| Downside Intraday Target | 279.07 |
| Upside Intraday Target | 321.28 |
| Upside Intraday Target | 342.07 |
| Upside Intraday Target | 310.57 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 300.50 | 307.00 | 331.35 | 299.85 | 1.827 times |
| 01 Fri Nov 2024 | 302.95 | 312.95 | 314.95 | 293.00 | 0.809 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 |
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 |
| 06 Wed Nov 2024 | 300.50 | 314.95 | 331.35 | 299.85 | 0.333 times |
| 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 |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing momentum.
MACD generated a SELL signal for South Magnes in short term and the sell signal is strong.
South Magnes Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 303.23 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing momentum.
MACD generated a SELL signal for South Magnes in short term and the sell signal is strong.
South Magnes Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 303.23 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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