(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 2024-12-09 View latest technical analysis
10 day averaged volume of Magenta is 13200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 26.56 | 26.56 | 26.56 | 26.56 | 0.303 times |
| 06 Fri Dec 2024 | 26.56 | 26.56 | 26.56 | 26.56 | 0.303 times |
| 04 Wed Dec 2024 | 27.39 | 25.60 | 27.39 | 25.60 | 1.212 times |
| 02 Mon Dec 2024 | 25.60 | 24.90 | 26.00 | 24.90 | 1.212 times |
| 29 Fri Nov 2024 | 25.00 | 25.00 | 25.00 | 25.00 | 0.303 times |
| 22 Fri Nov 2024 | 26.50 | 26.80 | 26.80 | 26.50 | 0.606 times |
| 21 Thu Nov 2024 | 27.50 | 27.99 | 27.99 | 27.50 | 3.939 times |
| 19 Tue Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.303 times |
| 18 Mon Nov 2024 | 28.60 | 28.60 | 28.60 | 28.60 | 0.303 times |
| 13 Wed Nov 2024 | 28.65 | 29.05 | 29.05 | 28.65 | 0.909 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.6, but if it comes above 26.6, then a intra day buy could be more profitable.
If you take a sell trade below 26.6, then use 26.6 as stoploss and 24.3 as target. However if you take a buy trade in stock , then use 26.6 as stoploss and 28.47 as target.
Share price targets for Magenta (Magenta)
| Target Type | Value |
| Downside Target | 24.90 |
| Downside Target | 26.50 |
| Upside Target | 27.39 |
| Upside Target | 28.50 |
| Upside Target | 28.60 |
| Upside Target | 28.65 |
| Upside Target | 29.05 |
| 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 | 26.56 |
| Downside Intraday Target | 26.56 |
| Downside Intraday Target | 26.56 |
| Downside Intraday Target | 26.56 |
| Downside Intraday Target | 26.56 |
Weekly technical analysis of Magenta (Magenta)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 26.56 | 26.56 | 26.56 | 26.56 | 0.111 times |
| 06 Fri Dec 2024 | 26.56 | 24.90 | 27.39 | 24.90 | 9 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 |
Price has moved down 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 Magenta (Magenta)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 26.56 | 24.90 | 27.39 | 24.90 | 0.294 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 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 Magenta ( (Magenta) ) 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a SELL signal for Magenta in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 27.22 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 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 Magenta ( (Magenta) ) 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a SELL signal for Magenta in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 27.22 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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