(SouthMagnes) South Magnes complete technical analysis [charts+indicators] | Buy/Sell South Magnes | (SouthMagnes) share price targets
Complete technical analysis of South Magnes (SouthMagnes) by charts plus indicators, forecast predictions and share price targets for South Magnes (SouthMagnes)
Showing technical analysis as on 2024-04-01 View latest technical analysis
10 day averaged volume of South Magnes is 2134
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 226.00 | 218.00 | 226.00 | 207.25 | 0.569 times |
| 28 Thu Mar 2024 | 217.50 | 223.75 | 223.75 | 213.10 | 0.51 times |
| 27 Wed Mar 2024 | 223.75 | 240.95 | 242.00 | 223.75 | 0.569 times |
| 26 Tue Mar 2024 | 235.50 | 240.00 | 242.80 | 221.60 | 0.866 times |
| 22 Fri Mar 2024 | 231.50 | 230.45 | 231.50 | 215.00 | 3.967 times |
| 21 Thu Mar 2024 | 220.50 | 218.00 | 220.50 | 206.00 | 1.19 times |
| 20 Wed Mar 2024 | 210.00 | 205.00 | 219.20 | 199.10 | 0.704 times |
| 19 Tue Mar 2024 | 208.80 | 227.85 | 228.90 | 207.10 | 0.695 times |
| 18 Mon Mar 2024 | 218.00 | 209.90 | 218.60 | 209.90 | 0.478 times |
| 15 Fri Mar 2024 | 209.95 | 218.25 | 218.25 | 209.90 | 0.184 times |
My analysis of stock is bearish for shortterm, and stock might move down till 214.8 or till 199. Use a stoploss of 227.91 and if the stock hits stoploss, then it can shoot up till 241.05
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 182.80 |
| Downside Target | 199.10 |
| Downside Target | 204.70 |
| Downside Target | 213.10 |
| Downside Target | 218.85 |
| Downside Target | 224.65 |
| Upside Target | 231.50 |
| Upside Target | 242.80 |
| Upside Target | 251.35 |
| Upside Target | 260.00 |
| Upside Target | 271.50 |
| Upside Target | 288.25 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 213.5 |
| Downside Intraday Target | 201 |
| Upside Intraday Target | 232.25 |
| Upside Intraday Target | 238.5 |
| Downside Intraday Target | 219.75 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 226.00 | 218.00 | 226.00 | 207.25 | 0.293 times |
| 28 Thu Mar 2024 | 217.50 | 240.00 | 242.80 | 213.10 | 0.276 times |
| 22 Fri Mar 2024 | 231.50 | 209.90 | 231.50 | 199.10 | 1.714 times |
| 15 Fri Mar 2024 | 209.95 | 248.45 | 251.35 | 204.70 | 1.284 times |
| 07 Thu Mar 2024 | 239.40 | 233.25 | 260.00 | 229.50 | 0.764 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 South Magnes (SouthMagnes)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 226.00 | 218.00 | 226.00 | 207.25 | 0.033 times |
| 28 Thu Mar 2024 | 217.50 | 250.00 | 260.00 | 199.10 | 1.377 times |
| 29 Thu Feb 2024 | 252.60 | 246.60 | 271.50 | 218.85 | 0.541 times |
| 31 Wed Jan 2024 | 246.60 | 208.60 | 288.25 | 200.00 | 1.268 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 South Magnes (SouthMagnes)
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short 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 South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for South Magnes 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.
South Magnes 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 tired and bears 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 South Magnes in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 South Magnes is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 224.75 and South Magnes (SouthMagnes) 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 South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of South Magnes ( (SouthMagnes) ) based on a short 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 South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes ( (SouthMagnes) ) 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 South Magnes stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for South Magnes 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.
South Magnes 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 tired and bears 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 South Magnes in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 South Magnes is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 224.75 and South Magnes (SouthMagnes) 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 South Magnes (SouthMagnes) stock. Volume based technical analysis of South Magnes (SouthMagnes) stock is negative.
South Magnes Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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