(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)
Showing technical analysis as on 2024-10-03 View latest technical analysis
10 day averaged volume of Magenta is 14000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 28.70 | 30.10 | 30.10 | 28.51 | 1.143 times |
| 27 Fri Sep 2024 | 31.20 | 31.20 | 31.20 | 31.20 | 0.286 times |
| 26 Thu Sep 2024 | 31.20 | 34.85 | 34.85 | 31.20 | 2 times |
| 25 Wed Sep 2024 | 30.25 | 29.95 | 30.25 | 29.90 | 2 times |
| 23 Mon Sep 2024 | 28.70 | 29.60 | 29.60 | 28.50 | 1.429 times |
| 20 Fri Sep 2024 | 29.65 | 29.65 | 29.65 | 29.65 | 0.571 times |
| 19 Thu Sep 2024 | 29.63 | 29.50 | 30.50 | 29.50 | 1.429 times |
| 17 Tue Sep 2024 | 30.96 | 30.20 | 30.96 | 30.20 | 0.571 times |
| 13 Fri Sep 2024 | 32.00 | 32.20 | 32.20 | 32.00 | 0.571 times |
| 11 Wed Sep 2024 | 31.00 | 31.00 | 31.00 | 31.00 | 0.286 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 28.1, for a target of 29.8 or 31.27
Share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Target | 28.50 |
| Upside Target | 29.50 |
| Upside Target | 30.96 |
| Upside Target | 32.20 |
| Upside Target | 33.40 |
| Upside Target | 34.85 |
| Upside Target | 36.85 |
| Upside Target | 38.88 |
| Upside Target | 42.15 |
| Upside Target | 45.89 |
| Upside Target | 60.29 |
Intraday share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Intraday Target | 28.11 |
| Downside Intraday Target | 27.51 |
| Upside Intraday Target | 29.7 |
| Upside Intraday Target | 30.69 |
| Upside Intraday Target | 29.1 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 28.70 | 30.10 | 30.10 | 28.51 | 0.2 times |
| 27 Fri Sep 2024 | 31.20 | 29.60 | 34.85 | 28.50 | 2.222 times |
| 20 Fri Sep 2024 | 29.65 | 30.20 | 30.96 | 29.50 | 0.643 times |
| 13 Fri Sep 2024 | 32.00 | 30.50 | 32.20 | 30.00 | 0.875 times |
| 06 Fri Sep 2024 | 31.00 | 32.70 | 33.40 | 31.00 | 0.8 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 Magenta (Magenta)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 28.70 | 30.10 | 30.10 | 28.51 | 0.068 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 |
| 31 Wed Jul 2024 | 37.16 | 45.89 | 45.89 | 36.85 | 0.35 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 Magenta (Magenta)
Price action analysis of Magenta ( (Magenta) ) 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 Magenta ( (Magenta) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Magenta ( (Magenta) ) based on a short to mid 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 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 Weak and stock is losing 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magenta is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.11 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 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 Magenta ( (Magenta) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Magenta ( (Magenta) ) based on a short to mid 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 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 Weak and stock is losing 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Magenta is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.11 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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