(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 2024-10-31 View latest technical analysis
10 day averaged volume of Magenta is 12000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 30.48 | 29.95 | 30.48 | 29.95 | 1.667 times |
| 30 Wed Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.333 times |
| 29 Tue Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.333 times |
| 28 Mon Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.333 times |
| 23 Wed Oct 2024 | 29.50 | 29.50 | 29.50 | 29.50 | 0.667 times |
| 18 Fri Oct 2024 | 29.50 | 29.50 | 29.50 | 29.50 | 0.333 times |
| 03 Thu Oct 2024 | 28.70 | 30.10 | 30.10 | 28.51 | 1.333 times |
| 27 Fri Sep 2024 | 31.20 | 31.20 | 31.20 | 31.20 | 0.333 times |
| 26 Thu Sep 2024 | 31.20 | 34.85 | 34.85 | 31.20 | 2.333 times |
| 25 Wed Sep 2024 | 30.25 | 29.95 | 30.25 | 29.90 | 2.333 times |
My analysis of stock is bullish for shortterm, and stock might move up till 31.2 or till 32.6. Use a stoploss of 30.11 and if this stock hits its stoploss, then it can fall down till 28.98
Share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Target | 28.50 |
| Downside Target | 29.50 |
| Downside Target | 30.10 |
| Upside Target | 32.34 |
| 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 | 29.16 |
| Downside Intraday Target | 27.84 |
| Upside Intraday Target | 31.14 |
| Upside Intraday Target | 31.8 |
| Downside Intraday Target | 29.82 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 18 Fri Oct 2024 | 29.50 | 30.10 | 30.10 | 28.51 | 0.25 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 |
Price has moved up 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 |
| 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 |
| 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magenta ( (Magenta) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magenta Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magenta in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 30.09 and Magenta (Magenta) 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 Magenta (Magenta) stock. Volume based technical analysis of Magenta (Magenta) stock is negative.
Magenta Stock is giving positive 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Magenta ( (Magenta) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Magenta Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Magenta in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 30.09 and Magenta (Magenta) 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 Magenta (Magenta) stock. Volume based technical analysis of Magenta (Magenta) stock is negative.
Magenta Stock is giving positive 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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