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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 2024-06-07 View latest technical analysis

10 day averaged volume of Magal Security is 291760

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	42.90	42.98	43.15	42.74	0.492 times
06 Thu Jun 2024	42.98	42.95	43.16	42.62	1.358 times
05 Wed Jun 2024	42.87	42.38	42.87	42.21	1.193 times
04 Tue Jun 2024	42.01	41.92	42.13	41.61	1.951 times
03 Mon Jun 2024	41.88	41.73	42.02	41.35	1.004 times
31 Fri May 2024	41.38	41.62	41.62	40.52	0.624 times
30 Thu May 2024	41.41	42.15	42.15	41.28	0.59 times
29 Wed May 2024	42.14	41.97	42.36	41.84	1.141 times
28 Tue May 2024	42.21	41.87	42.22	41.70	1.022 times
23 Thu May 2024	41.07	41.76	41.76	40.85	0.577 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.3, but if it comes below 42.3, then a intra day sell could be more profitable.
If you take a sell trade below 42.3, then use 42.3 as stoploss and 41.33 as target. However if you take a buy trade in stock , then use 42.3 as stoploss and 43.4 as target.

Share price targets for Magal Security (MAGS)

Target Type	Value
Downside Target	34.37
Downside Target	36.24
Downside Target	37.36
Downside Target	38.12
Downside Target	39.56
Downside Target	41.35
Downside Target	41.76
Downside Target	42.36
Upside Target	43.16

Intraday share price targets for Magal Security (MAGS)

Target Type	Value
Downside Intraday Target	41.78
Downside Intraday Target	40.66
Upside Intraday Target	43.59
Upside Intraday Target	44.28
Downside Intraday Target	42.47

Weekly technical analysis of Magal Security (MAGS)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	42.90	41.73	43.16	41.35	1.777 times
31 Fri May 2024	41.38	41.87	42.36	40.52	1.595 times
23 Thu May 2024	41.07	40.89	41.76	40.66	0.713 times
17 Fri May 2024	40.77	39.93	41.03	39.59	0.812 times
10 Fri May 2024	39.80	39.99	40.49	39.56	0.882 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Magal Security (MAGS)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	42.90	41.73	43.16	41.35	0.412 times
31 Fri May 2024	41.38	38.56	42.36	38.12	0.858 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

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 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 Strong and stock is losing 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 green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 42.18 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.