(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 2024-05-06 View latest technical analysis
10 day averaged volume of South Magnes is 3381
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 280.30 | 298.90 | 298.90 | 280.30 | 0.647 times |
| 03 Fri May 2024 | 287.05 | 305.95 | 305.95 | 280.25 | 1.381 times |
| 02 Thu May 2024 | 295.00 | 282.00 | 296.75 | 280.00 | 1.157 times |
| 30 Tue Apr 2024 | 282.70 | 294.10 | 295.50 | 281.45 | 2.061 times |
| 29 Mon Apr 2024 | 281.45 | 281.45 | 281.45 | 273.45 | 1.285 times |
| 26 Fri Apr 2024 | 268.05 | 268.00 | 268.05 | 261.00 | 0.928 times |
| 25 Thu Apr 2024 | 255.30 | 255.00 | 255.30 | 247.60 | 0.88 times |
| 24 Wed Apr 2024 | 243.15 | 220.50 | 243.60 | 220.50 | 1.329 times |
| 23 Tue Apr 2024 | 232.00 | 232.00 | 235.00 | 223.60 | 0.575 times |
| 22 Mon Apr 2024 | 232.00 | 221.45 | 237.00 | 221.00 | 0.272 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 272.5, but if it comes below 272.5, then a intra day sell could be more profitable.
If you take a sell trade below 272.5, then use 272.5 as stoploss and 247.89 as target. However if you take a buy trade in stock , then use 272.5 as stoploss and 302 as target.
Share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Target | 199.10 |
| Downside Target | 207.25 |
| Downside Target | 212.20 |
| Downside Target | 218.85 |
| Downside Target | 232.00 |
| Downside Target | 253.40 |
| Downside Target | 260.00 |
| Downside Target | 268.05 |
| Downside Target | 280.00 |
| Upside Target | 288.25 |
| Upside Target | 295.50 |
| Upside Target | 298.90 |
| Upside Target | 305.95 |
Intraday share price targets for South Magnes (SouthMagnes)
| Target Type | Value |
| Downside Intraday Target | 274.1 |
| Downside Intraday Target | 267.9 |
| Upside Intraday Target | 292.7 |
| Upside Intraday Target | 305.1 |
| Upside Intraday Target | 286.5 |
Weekly technical analysis of South Magnes (SouthMagnes)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 280.30 | 298.90 | 298.90 | 280.30 | 0.11 times |
| 03 Fri May 2024 | 287.05 | 281.45 | 305.95 | 273.45 | 1.477 times |
| 26 Fri Apr 2024 | 268.05 | 221.45 | 268.05 | 220.50 | 3.958 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 |
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 South Magnes (SouthMagnes)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 280.30 | 282.00 | 305.95 | 280.00 | 0.276 times |
| 30 Tue Apr 2024 | 282.70 | 218.00 | 295.50 | 207.25 | 1.065 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 mid to longer 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.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for South Magnes in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of South Magnes is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 271.65 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 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 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 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 mid to longer 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.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for South Magnes in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of South Magnes is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 271.65 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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