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

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

10 day averaged volume of Magoldetf is 19828

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 70.88 71.69 71.69 70.40 0.442 times
07 Tue May 2024 71.10 74.25 74.25 70.60 0.117 times
06 Mon May 2024 70.96 71.57 71.57 70.02 0.569 times
03 Fri May 2024 70.81 71.67 71.67 70.66 0.146 times
02 Thu May 2024 70.95 72.83 82.05 69.43 1.333 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 70.8 as stoploss in an intra day buy trade for a target of 71.44. However, stock will show a bearish move below 70.8.

Share price targets for Magoldetf (Magoldetf)

Target Type Value
Downside Target 51.10
Downside Target 53.37
Downside Target 64.66
Downside Target 66.52
Downside Target 69.00
Upside Target 71.68
Upside Target 73.58
Upside Target 74.00
Upside Target 74.25
Upside Target 75.00
Upside Target 82.05

Intraday share price targets for Magoldetf (Magoldetf)

Target Type Value
Downside Intraday Target 69.18
Downside Intraday Target 67.49
Upside Intraday Target 73.41
Upside Intraday Target 75.95
Upside Intraday Target 71.72

Weekly technical analysis of Magoldetf (Magoldetf)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 70.88 71.57 74.25 70.02 0.156 times
03 Fri May 2024 70.81 71.92 82.05 69.43 0.749 times
26 Fri Apr 2024 71.31 73.12 73.12 69.00 1.124 times
19 Fri Apr 2024 72.73 72.15 75.00 71.68 3.209 times
12 Fri Apr 2024 72.20 71.53 73.58 69.75 0.666 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 Magoldetf (Magoldetf)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 70.88 72.83 82.05 69.43 0.085 times
30 Tue Apr 2024 71.40 66.52 75.00 66.52 2.553 times
28 Thu Mar 2024 65.96 64.55 74.00 53.37 2.026 times
29 Thu Feb 2024 61.88 63.43 64.66 51.12 0.672 times

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 Magoldetf (Magoldetf)

Indicator Name Indicator Value Indicator Signal
ADX 46, 12, 59 Buy
MACD 2, 2Sell
Stochastics 14Sell
CCI -63Sell
RSI 55Buy
OBV -44363Sell
VWAP 71Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Magoldetf ( (Magoldetf) ) based on a short 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 Magoldetf ( (Magoldetf) ) 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 Magoldetf ( (Magoldetf) ) based on a short to mid term time period is

Price action analysis of Magoldetf ( (Magoldetf) ) 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 Magoldetf stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Magoldetf Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Magoldetf in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Magoldetf is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.4 and Magoldetf (Magoldetf) 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 Magoldetf (Magoldetf) stock. Volume based technical analysis of Magoldetf (Magoldetf) stock is negative.

Magoldetf 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.

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