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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 2024-06-06 View latest technical analysis

10 day averaged volume of Magson Retail is 9000

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	90.05	91.00	91.00	90.00	1.333 times
05 Wed Jun 2024	90.00	90.00	90.00	90.00	0.222 times
04 Tue Jun 2024	86.15	91.00	105.50	85.10	2.222 times
03 Mon Jun 2024	93.00	94.70	97.00	93.00	1.333 times
31 Fri May 2024	91.05	92.05	92.05	91.05	0.667 times
30 Thu May 2024	96.40	96.00	96.40	96.00	0.444 times
29 Wed May 2024	96.40	96.00	96.40	96.00	0.444 times
28 Tue May 2024	96.00	98.00	98.00	96.00	0.667 times
27 Mon May 2024	98.00	105.55	105.55	98.00	0.667 times
24 Fri May 2024	105.05	110.00	110.00	105.05	3.111 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 91.5, but if it comes above 91.5, then a intra day buy could be more profitable.
If you take a sell trade below 91.5, then use 91.5 as stoploss and 85.6 as target. However if you take a buy trade in stock , then use 91.5 as stoploss and 96.39 as target.

Share price targets for Magson Retail (MAGSON_SM)

Target Type	Value
Downside Target	76.00
Downside Target	80.30
Downside Target	85.10
Upside Target	91.05
Upside Target	94.25
Upside Target	99.80
Upside Target	104.00
Upside Target	108.90
Upside Target	109.00
Upside Target	110.00
Upside Target	130.00

Intraday share price targets for Magson Retail (MAGSON_SM)

Target Type	Value
Downside Intraday Target	81.6
Downside Intraday Target	73.15
Upside Intraday Target	102
Upside Intraday Target	113.95
Upside Intraday Target	93.55

Weekly technical analysis of Magson Retail (MAGSON_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	90.05	94.70	105.50	85.10	1.769 times
31 Fri May 2024	91.05	105.55	105.55	91.05	0.591 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magson Retail (MAGSON_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	90.05	94.70	105.50	85.10	0.377 times
31 Fri May 2024	91.05	108.00	110.00	91.05	0.5 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

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

Magson Retail 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Magson Retail 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

Stock of Magson Retail is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 95.23 and Magson Retail (MAGSON_SM) 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.