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(MAGSON_SM) Magson Retail complete technical analysis [charts+indicators] | Buy/Sell Magson Retail | (MAGSON_SM) share price targets

Complete technical analysis of Magson Retail (MAGSON_SM) by charts plus indicators, forecast predictions and share price targets for Magson Retail (MAGSON_SM)

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Magson Retail is 7400

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	96.00	98.00	98.00	96.00	0.811 times
27 Mon May 2024	98.00	105.55	105.55	98.00	0.811 times
24 Fri May 2024	105.05	110.00	110.00	105.05	3.784 times
23 Thu May 2024	100.00	100.00	100.00	100.00	0.27 times
22 Wed May 2024	100.30	100.40	100.40	100.30	0.541 times
21 Tue May 2024	97.50	94.25	97.50	94.25	1.351 times
18 Sat May 2024	104.00	99.80	104.00	99.80	0.541 times
14 Tue May 2024	99.90	99.90	99.90	99.90	0.27 times
10 Fri May 2024	93.00	93.00	93.00	93.00	0.27 times
09 Thu May 2024	92.30	96.30	96.30	92.15	1.081 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 96.5, but if it comes above 96.5, then a intra day buy could be more profitable.
If you take a sell trade below 96.5, then use 96.5 as stoploss and 91.4 as target. However if you take a buy trade in stock , then use 96.5 as stoploss and 100.8 as target.

Share price targets for Magson Retail (MAGSON_SM)

Target Type	Value
Downside Target	76.00
Downside Target	80.30
Downside Target	92.15
Downside Target	94.25
Upside Target	99.80
Upside Target	104.00
Upside Target	108.90
Upside Target	110.00
Upside Target	113.25
Upside Target	130.00
Upside Target	133.00

Intraday share price targets for Magson Retail (MAGSON_SM)

Target Type	Value
Downside Intraday Target	92.82
Downside Intraday Target	89.63
Upside Intraday Target	102.37
Upside Intraday Target	108.73
Upside Intraday Target	99.18

Weekly technical analysis of Magson Retail (MAGSON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	96.00	105.55	105.55	96.00	0.273 times
24 Fri May 2024	105.05	94.25	110.00	94.25	7.333 times
18 Sat May 2024	104.00	99.90	104.00	99.80	0.176 times
10 Fri May 2024	93.00	101.10	101.50	92.15	1.308 times
03 Fri May 2024	104.55	106.85	108.90	101.10	0.325 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 Magson Retail (MAGSON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	96.00	108.00	110.00	92.15	0.443 times
30 Tue Apr 2024	108.90	81.20	108.90	80.30	0.642 times
28 Thu Mar 2024	82.50	110.00	110.00	76.00	2.346 times
28 Wed Feb 2024	109.00	117.50	130.00	109.00	0.648 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 Magson Retail (MAGSON_SM)

Price action analysis of Magson Retail ( (MAGSON_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Magson Retail ( (MAGSON_SM) ) 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 Magson Retail ( (MAGSON_SM) ) 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 Magson Retail stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Magson Retail in short term but the sell signal is initial and weak.

Magson Retail 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Magson Retail in short term and SELL signal is strong!

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 Magson Retail is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 100.3 and Magson Retail (MAGSON_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Magson Retail (MAGSON_SM) stock. Volume based technical analysis of Magson Retail (MAGSON_SM) stock is negative.

Magson Retail 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.