(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 2024-12-16 View latest technical analysis
10 day averaged volume of South Magnes is 12924
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 317.25 | 333.00 | 333.00 | 316.65 | 0.124 times |
| 13 Fri Dec 2024 | 324.25 | 320.00 | 326.10 | 304.90 | 0.458 times |
| 12 Thu Dec 2024 | 310.60 | 315.00 | 315.00 | 302.60 | 0.455 times |
| 11 Wed Dec 2024 | 318.50 | 321.00 | 349.00 | 316.30 | 2.992 times |
| 10 Tue Dec 2024 | 332.90 | 316.15 | 339.90 | 299.00 | 1.965 times |
| 09 Mon Dec 2024 | 316.15 | 303.00 | 316.95 | 294.70 | 2.696 times |
| 06 Fri Dec 2024 | 288.15 | 252.50 | 289.55 | 252.50 | 0.772 times |
| 05 Thu Dec 2024 | 263.25 | 280.85 | 280.85 | 261.10 | 0.182 times |
| 04 Wed Dec 2024 | 269.15 | 273.00 | 274.00 | 260.00 | 0.177 times |
| 03 Tue Dec 2024 | 268.40 | 274.20 | 274.20 | 262.00 | 0.095 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 308.7, but if it comes below 308.7, then a intra day sell could be more profitable.
If you take a sell trade below 308.7, then use 308.7 as stoploss and 283.04 as target. However if you take a buy trade in stock , then use 308.7 as stoploss and 339.6 as target.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 224.15 |
| Downside Target | 251.00 |
| Downside Target | 281.90 |
| Downside Target | 305.85 |
| Downside Target | 315.00 |
| Upside Target | 331.35 |
| Upside Target | 333.00 |
| Upside Target | 349.00 |
| 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 | 311.6 |
| Downside Intraday Target | 305.95 |
| Upside Intraday Target | 327.95 |
| Upside Intraday Target | 338.65 |
| Upside Intraday Target | 322.3 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 317.25 | 333.00 | 333.00 | 316.65 | 0.015 times |
| 13 Fri Dec 2024 | 324.25 | 303.00 | 349.00 | 294.70 | 5.972 times |
| 06 Fri Dec 2024 | 288.15 | 252.15 | 289.55 | 251.00 | 1.9 times |
| 29 Fri Nov 2024 | 263.15 | 281.90 | 281.90 | 252.25 | 0.745 times |
| 22 Fri Nov 2024 | 282.05 | 224.15 | 285.95 | 224.15 | 0.544 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 |
| 16 Mon Dec 2024 | 317.25 | 252.15 | 349.00 | 251.00 | 1.855 times |
| 29 Fri Nov 2024 | 263.15 | 314.95 | 331.35 | 224.15 | 1.266 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 315.86 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 315.86 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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