(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.
Showing technical analysis as on 2024-03-21 View latest technical analysis
10 day averaged volume of Magnachip Semiconductor is 506890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 5.64 | 5.68 | 5.77 | 5.62 | 0.542 times |
| 20 Wed Mar 2024 | 5.66 | 5.62 | 5.69 | 5.57 | 0.411 times |
| 19 Tue Mar 2024 | 5.62 | 5.54 | 5.71 | 5.53 | 0.823 times |
| 18 Mon Mar 2024 | 5.60 | 5.85 | 5.85 | 5.57 | 0.576 times |
| 15 Fri Mar 2024 | 5.81 | 5.70 | 5.85 | 5.57 | 2.314 times |
| 14 Thu Mar 2024 | 5.58 | 5.64 | 5.64 | 5.47 | 2.398 times |
| 13 Wed Mar 2024 | 5.49 | 5.78 | 6.00 | 5.46 | 0.941 times |
| 12 Tue Mar 2024 | 5.50 | 5.55 | 5.57 | 5.44 | 0.537 times |
| 11 Mon Mar 2024 | 5.53 | 5.61 | 5.66 | 5.50 | 0.618 times |
| 08 Fri Mar 2024 | 5.62 | 5.65 | 5.74 | 5.59 | 0.847 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.4 or till 4.9. Use a stoploss of 5.79 and if the stock hits stoploss, then it can shoot up till 6.2
Share price targets for Magnachip Semiconductor (MX)
| Target Type | Value |
| Downside Target | 5.18 |
| Downside Target | 5.41 |
| Upside Target | 5.82 |
| Upside Target | 6.00 |
| Upside Target | 6.29 |
| Upside Target | 6.46 |
| Upside Target | 6.52 |
| Upside Target | 6.66 |
| Upside Target | 6.86 |
| Upside Target | 6.93 |
| Upside Target | 7.86 |
| Upside Target | 7.94 |
| Upside Target | 8.16 |
Intraday share price targets for Magnachip Semiconductor (MX)
| Target Type | Value |
| Downside Intraday Target | 5.5 |
| Downside Intraday Target | 5.35 |
| Upside Intraday Target | 5.82 |
| Upside Intraday Target | 5.99 |
| Upside Intraday Target | 5.67 |
Weekly technical analysis of Magnachip Semiconductor (MX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 5.64 | 5.85 | 5.85 | 5.53 | 0.346 times |
| 15 Fri Mar 2024 | 5.81 | 5.61 | 6.00 | 5.44 | 0.866 times |
| 08 Fri Mar 2024 | 5.62 | 5.82 | 5.82 | 5.18 | 0.778 times |
| 01 Fri Mar 2024 | 5.78 | 6.48 | 6.86 | 5.41 | 2.564 times |
| 23 Fri Feb 2024 | 6.50 | 6.51 | 6.66 | 6.29 | 1.252 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 |
| 21 Thu Mar 2024 | 5.64 | 5.71 | 6.00 | 5.18 | 0.936 times |
| 29 Thu Feb 2024 | 5.70 | 6.53 | 6.93 | 5.41 | 1.406 times |
| 31 Wed Jan 2024 | 6.53 | 7.55 | 8.16 | 6.52 | 0.739 times |
| 29 Fri Dec 2023 | 7.50 | 6.54 | 7.94 | 6.48 | 2.17 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 Magnachip Semiconductor (MX)
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magnachip Semiconductor ( (MX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magnachip Semiconductor ( (MX) ) based on a mid to longer 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.
ADX buy sell signal for Magnachip Semiconductor stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magnachip Semiconductor in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Magnachip Semiconductor 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 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 5.63 and Magnachip Semiconductor (MX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magnachip Semiconductor ( (MX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Magnachip Semiconductor ( (MX) ) based on a mid to longer 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.
ADX buy sell signal for Magnachip Semiconductor stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magnachip Semiconductor in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Magnachip Semiconductor 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 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 5.63 and Magnachip Semiconductor (MX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.