(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 2024-11-06 View latest technical analysis
10 day averaged volume of Magenta is 11600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 30.80 | 32.00 | 33.20 | 30.65 | 1.379 times |
| 05 Tue Nov 2024 | 32.00 | 31.95 | 32.00 | 31.95 | 2.069 times |
| 31 Thu Oct 2024 | 30.48 | 29.95 | 30.48 | 29.95 | 1.724 times |
| 30 Wed Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.345 times |
| 29 Tue Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.345 times |
| 28 Mon Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.345 times |
| 23 Wed Oct 2024 | 29.50 | 29.50 | 29.50 | 29.50 | 0.69 times |
| 18 Fri Oct 2024 | 29.50 | 29.50 | 29.50 | 29.50 | 0.345 times |
| 03 Thu Oct 2024 | 28.70 | 30.10 | 30.10 | 28.51 | 1.379 times |
| 27 Fri Sep 2024 | 31.20 | 31.20 | 31.20 | 31.20 | 0.345 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 31.2 as stoploss in an intra day sell trade for a target of 30.1. However, stock will show a bullish move above 31.2.
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 | 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 | 29.9 |
| Downside Intraday Target | 29 |
| Upside Intraday Target | 32.45 |
| Upside Intraday Target | 34.1 |
| Upside Intraday Target | 31.55 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 30.80 | 31.95 | 33.20 | 30.65 | 1.25 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 |
| 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 |
Price has moved up 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 |
| 06 Wed Nov 2024 | 30.80 | 31.95 | 33.20 | 30.65 | 0.667 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 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 Magenta (Magenta)
Price action analysis of Magenta ( (Magenta) ) based on a short 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 Magenta ( (Magenta) ) based on a short 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 Magenta ( (Magenta) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
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
Although the stock is in the SELL zone, but selling 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 30.29 and Magenta (Magenta) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 Magenta ( (Magenta) ) based on a short 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 Magenta ( (Magenta) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
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
Although the stock is in the SELL zone, but selling 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 30.29 and Magenta (Magenta) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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