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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.

10 day averaged volume of Magal Security is 223863

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 40.69 40.82 41.03 40.69 0.838 times
15 Wed May 2024 40.83 40.66 40.85 40.25 0.757 times
14 Tue May 2024 40.41 39.84 40.49 39.80 0.652 times
13 Mon May 2024 39.95 39.93 39.96 39.59 1.11 times
10 Fri May 2024 39.80 40.16 40.16 39.56 0.931 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.4, but if it comes below 40.4, then a intra day sell could be more profitable.
If you take a sell trade below 40.4, then use 40.4 as stoploss and 39.11 as target. However if you take a buy trade in stock , then use 40.4 as stoploss and 41.9 as target.

Share price targets for Magal Security (MAGS)

Target Type Value
Downside Target 32.03
Downside Target 34.37
Downside Target 35.54
Downside Target 37.36
Downside Target 38.12
Downside Target 39.93
Downside Target 39.97
Downside Target 40.02
Downside Target 40.37
Downside Target 40.49
Upside Target 41.03

Intraday share price targets for Magal Security (MAGS)

Target Type Value
Downside Intraday Target 39.84
Downside Intraday Target 39
Upside Intraday Target 41.28
Upside Intraday Target 41.88
Downside Intraday Target 40.44

Weekly technical analysis of Magal Security (MAGS)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 40.69 39.93 41.03 39.59 0.705 times
10 Fri May 2024 39.80 39.99 40.49 39.56 0.882 times
03 Fri May 2024 39.78 39.50 39.93 38.12 1.039 times
26 Fri Apr 2024 38.72 36.69 38.90 36.24 0.548 times
19 Fri Apr 2024 36.55 39.97 39.97 36.40 3.73 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
16 Thu May 2024 40.69 38.56 41.03 38.12 0.511 times
30 Tue Apr 2024 38.25 39.16 40.37 36.24 1.279 times
28 Thu Mar 2024 39.15 38.22 40.02 37.36 0.824 times
29 Thu Feb 2024 38.22 34.42 38.67 34.37 1.447 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 Magal Security (MAGS)

Indicator Name Indicator Value Indicator Signal
ADX 35, 19, 30 Buy
MACD 1, 1Buy
Stochastics 92Buy
CCI 159Buy
RSI 59Buy
OBV 90181Sell
VWAP 40Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong 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 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 buy signal for Magal Security in short term and BUY 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

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 40.14 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 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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