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(MAGS) Magal Security complete technical analysis [charts+indicators] | Buy/Sell Magal Security | (MAGS) share price targets

Complete technical analysis of Magal Security (MAGS) by charts plus indicators, forecast predictions and share price targets for Magal Security (MAGS)

Magal Security trades in USA in Consumer Durables sector.

Showing technical analysis as on 2024-08-23 View latest technical analysis

10 day averaged volume of Magal Security is 529609

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	45.43	45.06	45.67	44.79	1.518 times
22 Thu Aug 2024	44.59	45.95	46.08	44.54	1.477 times
21 Wed Aug 2024	45.76	45.57	45.98	45.34	1.025 times
20 Tue Aug 2024	45.53	45.68	45.94	45.29	0.905 times
19 Mon Aug 2024	45.38	45.02	45.41	44.81	0.974 times
16 Fri Aug 2024	44.94	44.64	45.11	44.52	0.775 times
15 Thu Aug 2024	44.88	44.10	44.90	44.05	1.224 times
14 Wed Aug 2024	43.52	43.96	44.05	43.11	1.075 times
13 Tue Aug 2024	43.84	42.95	43.88	42.95	1.041 times
12 Mon Aug 2024	42.56	42.60	42.82	42.29	0.708 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.2, but if it comes below 45.2, then a intra day sell could be more profitable.
If you take a sell trade below 45.2, then use 45.2 as stoploss and 43.67 as target. However if you take a buy trade in stock , then use 45.2 as stoploss and 47.1 as target.

Share price targets for Magal Security (MAGS)

Target Type	Value
Downside Target	36.24
Downside Target	38.12
Downside Target	40.37
Downside Target	41.35
Downside Target	44.54
Downside Target	45.11
Upside Target	46.05
Upside Target	46.08
Upside Target	46.26
Upside Target	47.19
Upside Target	49.96

Intraday share price targets for Magal Security (MAGS)

Target Type	Value
Downside Intraday Target	44.62
Downside Intraday Target	43.81
Upside Intraday Target	46.16
Upside Intraday Target	46.89
Downside Intraday Target	45.35

Weekly technical analysis of Magal Security (MAGS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	45.43	45.02	46.08	44.54	1.223 times
16 Fri Aug 2024	44.94	42.60	45.11	42.29	0.686 times
09 Fri Aug 2024	42.44	38.75	42.49	38.51	0.815 times
02 Fri Aug 2024	42.51	44.23	46.05	42.13	1.033 times
26 Fri Jul 2024	43.89	46.42	47.19	42.82	1.12 times

Price has moved up 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 Magal Security (MAGS)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	45.43	45.58	46.08	38.51	0.497 times
31 Wed Jul 2024	44.95	45.50	49.96	42.82	2.817 times
28 Fri Jun 2024	45.11	41.73	46.26	41.35	1.976 times
31 Fri May 2024	41.38	38.56	42.36	38.12	0.858 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 Magal Security (MAGS)

Price action analysis of Magal Security ( (MAGS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Magal Security ( (MAGS) ) 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 Magal Security ( (MAGS) ) 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 Magal Security ( (MAGS) ) 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 Magal Security stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Magal Security 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.

Magal Security 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magal Security in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Magal Security is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.72 and Magal Security (MAGS) 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 Magal Security (MAGS) stock. Volume based technical analysis of Magal Security (MAGS) stock is negative.

Magal Security Stock is giving positive 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.