(MX) Magnachip Semiconductor complete technical analysis [charts+indicators] | Buy/Sell Magnachip Semiconductor | (MX) share price targets
Complete technical analysis of Magnachip Semiconductor (MX) by charts plus indicators, forecast predictions and share price targets for Magnachip Semiconductor (MX)
Magnachip Semiconductor trades in USA in Technology sector.
10 day averaged volume of Magnachip Semiconductor is 2690550
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Mon Apr 2021||25.29||25.56||25.71||24.90||0.345 times|
|09 Fri Apr 2021||25.83||26.22||26.39||25.78||0.332 times|
|08 Thu Apr 2021||26.35||26.40||26.54||26.30||0.217 times|
|07 Wed Apr 2021||26.41||26.55||26.76||26.30||0.481 times|
|06 Tue Apr 2021||26.73||26.56||26.81||26.20||0.656 times|
|05 Mon Apr 2021||26.96||25.38||26.98||25.04||0.93 times|
|01 Thu Apr 2021||25.04||25.40||25.42||24.92||0.382 times|
|31 Wed Mar 2021||24.90||24.98||25.19||24.76||0.482 times|
|30 Tue Mar 2021||25.09||25.65||25.76||24.52||0.992 times|
|29 Mon Mar 2021||25.78||25.79||25.93||25.31||0.986 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 26.3 as stoploss in an intra day sell trade for a target of 24.17. However, stock will show a bullish move above 26.3.
Share price targets for Magnachip Semiconductor (MX)
Intraday share price targets for Magnachip Semiconductor (MX)
|Downside Intraday Target||24.89|
|Downside Intraday Target||24.49|
|Upside Intraday Target||25.7|
|Upside Intraday Target||26.11|
|Upside Intraday Target||25.3|
Weekly technical analysis of Magnachip Semiconductor (MX)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Mon Apr 2021||25.29||25.56||25.71||24.90||0.132 times|
|09 Fri Apr 2021||25.83||25.38||26.98||25.04||0.92 times|
|01 Thu Apr 2021||25.04||25.79||25.93||24.52||0.475 times|
|26 Fri Mar 2021||26.01||22.52||26.70||19.28||2.872 times|
|19 Fri Mar 2021||22.47||23.40||25.10||21.13||0.989 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 Magnachip Semiconductor (MX)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|12 Mon Apr 2021||25.29||25.40||26.98||24.90||0.206 times|
|31 Wed Mar 2021||24.90||19.00||26.70||18.81||3.109 times|
|26 Fri Feb 2021||18.69||17.26||21.25||16.98||1.024 times|
|29 Fri Jan 2021||16.99||13.63||19.84||13.31||1.782 times|
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 Magnachip Semiconductor (MX)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||35, 26, 15||Buy|
Price action analysis of Magnachip Semiconductor ( (MX) ) 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 Magnachip Semiconductor ( (MX) ) 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 Magnachip Semiconductor ( (MX) ) 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 Magnachip Semiconductor ( (MX) ) 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 Magnachip Semiconductor stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Magnachip Semiconductor in short term but the sell signal is initial and weak.
Magnachip Semiconductor 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. 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 SELL signal for Magnachip Semiconductor in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 Magnachip Semiconductor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.88 and Magnachip Semiconductor (MX) 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 Magnachip Semiconductor (MX) stock. Volume based technical analysis of Magnachip Semiconductor (MX) stock is negative.
Magnachip Semiconductor 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.