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(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)

10 day averaged volume of South Magnes is 1252

Date Daily Closing Price Open High Low Volume
24 Wed Apr 2024 243.15 220.50 243.60 220.50 3.589 times
23 Tue Apr 2024 232.00 232.00 235.00 223.60 1.554 times
22 Mon Apr 2024 232.00 221.45 237.00 221.00 0.735 times
19 Fri Apr 2024 225.95 227.00 227.00 217.40 0.359 times
18 Thu Apr 2024 219.00 232.00 232.00 213.60 1.289 times
16 Tue Apr 2024 222.85 212.20 229.95 212.20 0.607 times
15 Mon Apr 2024 221.70 225.00 228.00 216.65 0.462 times
12 Fri Apr 2024 226.45 235.55 240.35 223.80 0.991 times
10 Wed Apr 2024 235.55 248.00 248.00 235.55 1.37 times
09 Tue Apr 2024 247.90 253.40 253.40 230.45 0.827 times

Stock of South Magnes (SouthMagnes) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 237.8, but if it comes below 237.8, then a intra day sell could be more profitable.
If you take a sell trade below 237.8, then use 237.8 as stoploss and 229.98 as target. However if you take a buy trade in stock , then use 237.8 as stoploss and 247.1 as target.

Share price targets for South Magnes (SouthMagnes)

Target Type Value
Downside Target 182.80
Downside Target 199.10
Downside Target 207.25
Downside Target 212.20
Downside Target 218.85
Downside Target 232.00
Downside Target 239.90
Upside Target 243.60
Upside Target 253.40
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 227.9
Downside Intraday Target 212.65
Upside Intraday Target 251
Upside Intraday Target 258.85
Downside Intraday Target 235.75

Weekly technical analysis of South Magnes (SouthMagnes)

Date Weekly Closing Price Open High Low Volume
24 Wed Apr 2024 243.15 221.45 243.60 220.50 2.163 times
19 Fri Apr 2024 225.95 225.00 232.00 212.20 0.544 times
12 Fri Apr 2024 226.45 241.40 253.40 223.80 1.38 times
05 Fri Apr 2024 230.95 218.00 239.90 207.25 1.092 times
28 Thu Mar 2024 217.50 240.00 242.80 213.10 0.276 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 South Magnes (SouthMagnes)

Date Monthly Closing Price Open High Low Volume
24 Wed Apr 2024 243.15 218.00 253.40 207.25 0.589 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 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 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 South Magnes ( (SouthMagnes) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for South Magnes in short term and the buy signal is strong.

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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 233.98 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 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 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 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 South Magnes ( (SouthMagnes) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for South Magnes in short term and the buy signal is strong.

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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 233.98 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for South Magnes charts

Click here for further forecast and predictions for tomorrow

Daily charts

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