(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)
10 day averaged volume of South Magnes is 1779
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 65.00 | 64.00 | 65.00 | 62.71 | 0.376 times |
| 22 Wed Mar 2023 | 64.52 | 64.00 | 68.00 | 64.00 | 1.179 times |
| 21 Tue Mar 2023 | 66.00 | 67.25 | 67.25 | 61.00 | 1.487 times |
| 20 Mon Mar 2023 | 64.05 | 65.65 | 68.00 | 62.15 | 0.27 times |
| 17 Fri Mar 2023 | 65.38 | 62.54 | 65.65 | 62.54 | 0.266 times |
| 16 Thu Mar 2023 | 62.54 | 64.19 | 64.19 | 62.54 | 0.415 times |
| 15 Wed Mar 2023 | 65.83 | 68.50 | 70.00 | 65.08 | 1.818 times |
| 14 Tue Mar 2023 | 68.50 | 63.01 | 69.00 | 63.01 | 0.544 times |
| 13 Mon Mar 2023 | 66.29 | 72.76 | 72.76 | 66.00 | 1.992 times |
| 10 Fri Mar 2023 | 69.30 | 68.95 | 69.30 | 67.00 | 1.379 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 66.7 as stoploss in an intra day sell trade for a target of 62.28. However, stock will show a bullish move above 66.7.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 39.50 |
| Downside Target | 51.45 |
| Downside Target | 53.30 |
| Downside Target | 56.40 |
| Downside Target | 60.80 |
| Downside Target | 62.54 |
| Downside Target | 64.00 |
| Upside Target | 67.85 |
| Upside Target | 68.00 |
| Upside Target | 69.30 |
| Upside Target | 72.76 |
| Upside Target | 76.35 |
| Upside Target | 80.85 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 61.33 |
| Downside Intraday Target | 57.67 |
| Upside Intraday Target | 68.33 |
| Upside Intraday Target | 71.67 |
| Downside Intraday Target | 64.67 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 65.00 | 65.65 | 68.00 | 61.00 | 0.658 times |
| 17 Fri Mar 2023 | 65.38 | 72.76 | 72.76 | 62.54 | 1.095 times |
| 10 Fri Mar 2023 | 69.30 | 59.85 | 69.30 | 57.50 | 1.315 times |
| 03 Fri Mar 2023 | 57.02 | 58.45 | 60.80 | 56.40 | 0.41 times |
| 24 Fri Feb 2023 | 55.80 | 62.55 | 64.00 | 51.45 | 0.883 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 |
| 23 Thu Mar 2023 | 65.00 | 60.25 | 72.76 | 56.40 | 0.268 times |
| 28 Tue Feb 2023 | 58.90 | 69.90 | 80.85 | 51.45 | 1.345 times |
| 31 Tue Jan 2023 | 66.60 | 62.95 | 67.85 | 54.30 | 0.929 times |
| 30 Fri Dec 2022 | 60.00 | 53.00 | 76.35 | 51.85 | 1.026 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 19, 14 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 37 | None |
| CCI | -66 | Sell |
| RSI | 48 | Sell |
| OBV | 5814 | Sell |
| VWAP | 66 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for South Magnes stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for South Magnes in short term and the buy 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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for South Magnes in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 66.2 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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