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(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, 1Buy
Stochastics 37None
CCI -66Sell
RSI 48Sell
OBV 5814Sell
VWAP 66Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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.

Click here for South Magnes charts

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Daily charts

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Daily chart

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