(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 2024-12-04 View latest technical analysis
10 day averaged volume of Magenta is 15200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 27.39 | 25.60 | 27.39 | 25.60 | 1.053 times |
| 02 Mon Dec 2024 | 25.60 | 24.90 | 26.00 | 24.90 | 1.053 times |
| 29 Fri Nov 2024 | 25.00 | 25.00 | 25.00 | 25.00 | 0.263 times |
| 22 Fri Nov 2024 | 26.50 | 26.80 | 26.80 | 26.50 | 0.526 times |
| 21 Thu Nov 2024 | 27.50 | 27.99 | 27.99 | 27.50 | 3.421 times |
| 19 Tue Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.263 times |
| 18 Mon Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.263 times |
| 13 Wed Nov 2024 | 28.65 | 29.05 | 29.05 | 28.65 | 0.789 times |
| 08 Fri Nov 2024 | 32.00 | 29.70 | 32.00 | 29.40 | 0.789 times |
| 06 Wed Nov 2024 | 30.80 | 32.00 | 33.20 | 30.65 | 1.053 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 27 as stoploss in an intra day buy trade for a target of 28.94. However, stock will show a bearish move below 27.
Share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Target | 24.90 |
| Downside Target | 26.50 |
| Downside Target | 27.39 |
| 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 | 25.73 |
| Downside Intraday Target | 24.07 |
| Upside Intraday Target | 28.22 |
| Upside Intraday Target | 29.05 |
| Downside Intraday Target | 26.56 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 27.39 | 24.90 | 27.39 | 24.90 | 8 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 |
| 04 Wed Dec 2024 | 27.39 | 24.90 | 27.39 | 24.90 | 0.235 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magenta ( (Magenta) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Magenta in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 28.05 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magenta ( (Magenta) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Magenta in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 but selling is losing 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 28.05 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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