(MGLN) Magellan Health complete technical analysis [charts+indicators] | Buy/Sell Magellan Health | (MGLN) share price targets
Complete technical analysis of Magellan Health (MGLN) by charts plus indicators, forecast predictions and share price targets for Magellan Health (MGLN)
Magellan Health trades in USA in Health Care sector.
10 day averaged volume of Magellan Health is 179200
Date | Daily Closing Price | Open | High | Low | Volume |
03 Mon Jan 2022 | 94.99 | 95.00 | 95.36 | 94.97 | 4.975 times |
31 Fri Dec 2021 | 94.99 | 94.98 | 95.05 | 94.96 | 1.198 times |
30 Thu Dec 2021 | 94.98 | 94.88 | 95.02 | 94.88 | 0.469 times |
29 Wed Dec 2021 | 94.89 | 94.79 | 94.96 | 94.70 | 0.275 times |
28 Tue Dec 2021 | 94.86 | 94.85 | 94.90 | 94.81 | 0.463 times |
27 Mon Dec 2021 | 94.85 | 94.88 | 94.95 | 94.77 | 0.737 times |
23 Thu Dec 2021 | 94.78 | 94.74 | 94.92 | 94.65 | 1.564 times |
22 Wed Dec 2021 | 94.69 | 94.70 | 94.70 | 94.53 | 0.41 times |
21 Tue Dec 2021 | 94.58 | 94.36 | 94.74 | 94.36 | 0.487 times |
20 Mon Dec 2021 | 94.40 | 94.37 | 94.60 | 94.37 | 1.069 times |
Stock of Magellan Health (MGLN) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 94.9, but if it comes below 94.9, then a intra day sell could be more profitable.
If you take a sell trade below 94.9, then use 94.9 as stoploss and 94.62 as target. However if you take a buy trade in stock , then use 94.9 as stoploss and 95.1 as target.
Share price targets for Magellan Health (MGLN)
Target Type | Value |
Downside Target | 82.94 |
Downside Target | 92.63 |
Downside Target | 94.96 |
Downside Target | 94.97 |
Upside Target | 95.05 |
Upside Target | 95.23 |
Upside Target | 95.25 |
Upside Target | 95.36 |
Upside Target | 99.36 |
Intraday share price targets for Magellan Health (MGLN)
Target Type | Value |
Downside Intraday Target | 94.85 |
Downside Intraday Target | 94.72 |
Upside Intraday Target | 95.24 |
Upside Intraday Target | 95.5 |
Upside Intraday Target | 95.11 |
Weekly technical analysis of Magellan Health (MGLN)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Mon Jan 2022 | 94.99 | 95.00 | 95.36 | 94.97 | 1.583 times |
31 Fri Dec 2021 | 94.99 | 94.88 | 95.05 | 94.70 | 0.89 times |
23 Thu Dec 2021 | 94.78 | 94.37 | 94.92 | 94.36 | 0.512 times |
17 Fri Dec 2021 | 94.45 | 94.40 | 94.85 | 92.63 | 2.832 times |
10 Fri Dec 2021 | 94.47 | 94.81 | 94.90 | 94.35 | 0.58 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 Magellan Health (MGLN)
Date | Monthly Closing Price | Open | High | Low | Volume |
03 Mon Jan 2022 | 94.99 | 95.00 | 95.36 | 94.97 | 0.266 times |
31 Fri Dec 2021 | 94.99 | 94.66 | 95.23 | 92.63 | 1.211 times |
30 Tue Nov 2021 | 94.79 | 94.84 | 99.36 | 94.27 | 0.864 times |
29 Fri Oct 2021 | 94.83 | 94.61 | 94.96 | 82.94 | 0.577 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 Magellan Health (MGLN)
Price action analysis of Magellan Health ( (MGLN) ) 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 Magellan Health ( (MGLN) ) 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 Magellan Health ( (MGLN) ) 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 Magellan Health ( (MGLN) ) 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 Magellan Health stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magellan Health 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.
Magellan Health 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 coming down
CCI has generated a buy signal for Magellan Health 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 Magellan Health is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 94.86 and Magellan Health (MGLN) 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 Magellan Health (MGLN) stock. Volume based technical analysis of Magellan Health (MGLN) stock is negative.
Magellan Health 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 Magellan Health ( (MGLN) ) 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 Magellan Health ( (MGLN) ) 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 Magellan Health ( (MGLN) ) 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 Magellan Health ( (MGLN) ) 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 Magellan Health stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Magellan Health 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.
Magellan Health 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 coming down
CCI has generated a buy signal for Magellan Health 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 Magellan Health is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 94.86 and Magellan Health (MGLN) 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 Magellan Health (MGLN) stock. Volume based technical analysis of Magellan Health (MGLN) stock is negative.
Magellan Health 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.