(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 2024-11-08 View latest technical analysis
10 day averaged volume of Magenta is 10400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 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 |
| 28 Mon Oct 2024 | 28.50 | 28.50 | 28.50 | 28.50 | 0.385 times |
| 23 Wed Oct 2024 | 29.50 | 29.50 | 29.50 | 29.50 | 0.769 times |
| 18 Fri Oct 2024 | 29.50 | 29.50 | 29.50 | 29.50 | 0.385 times |
| 03 Thu Oct 2024 | 28.70 | 30.10 | 30.10 | 28.51 | 1.538 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.4, but if it comes below 31.4, then a intra day sell could be more profitable.
If you take a sell trade below 31.4, then use 31.4 as stoploss and 30.2 as target. However if you take a buy trade in stock , then use 31.4 as stoploss and 32.8 as target.
Share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Target | 28.50 |
| Downside Target | 29.40 |
| 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 | 29.87 |
| Downside Intraday Target | 27.73 |
| Upside Intraday Target | 33.67 |
| Upside Intraday Target | 35.33 |
| Downside Intraday Target | 31.53 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 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, 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 |
| 08 Fri Nov 2024 | 32.00 | 31.95 | 33.20 | 29.40 | 0.867 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 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 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 to mid 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 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.
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. Bulls 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 Magenta in short term but SELL signal is weak.
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 30.44 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 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 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 to mid 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 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.
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. Bulls 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 Magenta in short term but SELL signal is weak.
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 30.44 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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