(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 2024-12-02 View latest technical analysis
10 day averaged volume of Magenta is 15600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 25.60 | 24.90 | 26.00 | 24.90 | 1.026 times |
| 29 Fri Nov 2024 | 25.00 | 25.00 | 25.00 | 25.00 | 0.256 times |
| 22 Fri Nov 2024 | 26.50 | 26.80 | 26.80 | 26.50 | 0.513 times |
| 21 Thu Nov 2024 | 27.50 | 27.99 | 27.99 | 27.50 | 3.333 times |
| 19 Tue Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.256 times |
| 18 Mon Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.256 times |
| 13 Wed Nov 2024 | 28.65 | 29.05 | 29.05 | 28.65 | 0.769 times |
| 08 Fri Nov 2024 | 32.00 | 29.70 | 32.00 | 29.40 | 0.769 times |
| 06 Wed Nov 2024 | 30.80 | 32.00 | 33.20 | 30.65 | 1.026 times |
| 05 Tue Nov 2024 | 32.00 | 31.95 | 32.00 | 31.95 | 1.538 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 24.9, for a target of 27.2 or 29.08
Share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Target | 24.90 |
| Upside Target | 26.00 |
| Upside Target | 28.50 |
| Upside Target | 29.05 |
| Upside Target | 29.40 |
| Upside Target | 30.48 |
| Upside Target | 32.34 |
| Upside Target | 33.20 |
| Upside Target | 34.85 |
| Upside Target | 38.88 |
Intraday share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Intraday Target | 25 |
| Downside Intraday Target | 24.4 |
| Upside Intraday Target | 26.1 |
| Upside Intraday Target | 26.6 |
| Downside Intraday Target | 25.5 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 25.60 | 24.90 | 26.00 | 24.90 | 4 times |
| 29 Fri Nov 2024 | 25.00 | 25.00 | 25.00 | 25.00 | 0.059 times |
| 22 Fri Nov 2024 | 26.50 | 28.60 | 28.60 | 26.50 | 5.667 times |
| 13 Wed Nov 2024 | 28.65 | 29.05 | 29.05 | 28.65 | 0.231 times |
| 08 Fri Nov 2024 | 32.00 | 31.95 | 33.20 | 29.40 | 1.625 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 |
| 02 Mon Dec 2024 | 25.60 | 24.90 | 26.00 | 24.90 | 0.118 times |
| 29 Fri Nov 2024 | 25.00 | 31.95 | 33.20 | 25.00 | 2.267 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 |
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 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 short 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Magenta in short term and the sell signal is strong.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 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 28.74 and Magenta (Magenta) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Magenta in short term and the sell signal is strong.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 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 28.74 and Magenta (Magenta) stock is trading below this level. This means that stock is falling with high volumes. 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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