(Magenta) Magenta complete technical analysis [charts+indicators] | Buy/Sell Magenta | (Magenta) share price targets
Complete technical analysis of Magenta (Magenta) by charts plus indicators, forecast predictions and share price targets for Magenta (Magenta)
10 day averaged volume of Magenta is 10400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 27.50 | 27.99 | 27.99 | 27.50 | 5 times |
| 19 Tue Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.385 times |
| 18 Mon Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.385 times |
| 13 Wed Nov 2024 | 28.65 | 29.05 | 29.05 | 28.65 | 1.154 times |
| 08 Fri Nov 2024 | 32.00 | 29.70 | 32.00 | 29.40 | 1.154 times |
| 06 Wed Nov 2024 | 30.80 | 32.00 | 33.20 | 30.65 | 1.538 times |
| 05 Tue Nov 2024 | 32.00 | 31.95 | 32.00 | 31.95 | 2.308 times |
| 31 Thu Oct 2024 | 30.48 | 29.95 | 30.48 | 29.95 | 1.923 times |
| 30 Wed Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.385 times |
| 29 Tue Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.385 times |
Stock of Magenta (Magenta) 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 28.4, but if it comes above 28.4, then a intra day buy could be more profitable.
If you take a sell trade below 28.4, then use 28.4 as stoploss and 26.8 as target. However if you take a buy trade in stock , then use 28.4 as stoploss and 29.62 as target.
Share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Target | 27.50 |
| Upside Target | 28.50 |
| Upside Target | 30.48 |
| Upside Target | 32.34 |
| Upside Target | 33.20 |
| Upside Target | 34.85 |
| Upside Target | 36.85 |
| Upside Target | 38.88 |
| Upside Target | 45.89 |
Intraday share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Intraday Target | 27.13 |
| Downside Intraday Target | 26.77 |
| Upside Intraday Target | 28.23 |
| Upside Intraday Target | 28.97 |
| Upside Intraday Target | 27.87 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 27.50 | 28.60 | 28.60 | 27.50 | 5 times |
| 13 Wed Nov 2024 | 28.65 | 29.05 | 29.05 | 28.65 | 0.231 times |
| 08 Fri Nov 2024 | 32.00 | 31.95 | 33.20 | 29.40 | 1.625 times |
| 31 Thu Oct 2024 | 30.48 | 28.50 | 30.48 | 28.50 | 4 times |
| 23 Wed Oct 2024 | 29.50 | 29.50 | 29.50 | 29.50 | 0.4 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 Magenta (Magenta)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 27.50 | 31.95 | 33.20 | 27.50 | 2.067 times |
| 31 Thu Oct 2024 | 30.48 | 30.10 | 30.48 | 28.50 | 0.254 times |
| 27 Fri Sep 2024 | 31.20 | 32.70 | 34.85 | 28.50 | 0.608 times |
| 30 Fri Aug 2024 | 32.68 | 37.16 | 38.88 | 32.34 | 0.299 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Magenta (Magenta)
Price action analysis of Magenta ( (Magenta) ) 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 Magenta ( (Magenta) ) 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 Magenta ( (Magenta) ) 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 Magenta ( (Magenta) ) 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 Magenta stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magenta in short term but the buy signal is initial and weak.
Magenta Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Magenta in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Magenta is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.51 and Magenta (Magenta) 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 Magenta (Magenta) stock. Volume based technical analysis of Magenta (Magenta) stock is negative.
Magenta 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 Magenta ( (Magenta) ) 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 Magenta ( (Magenta) ) 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 Magenta ( (Magenta) ) 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 Magenta ( (Magenta) ) 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 Magenta stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magenta in short term but the buy signal is initial and weak.
Magenta Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Magenta in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Magenta is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.51 and Magenta (Magenta) 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 Magenta (Magenta) stock. Volume based technical analysis of Magenta (Magenta) stock is negative.
Magenta 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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