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(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 2024-05-29 View latest technical analysis

10 day averaged volume of Magnachip Semiconductor is 188328

Date Daily Closing Price Open High Low Volume
29 Wed May 2024 4.94 4.99 5.02 4.94 0.624 times
28 Tue May 2024 5.05 4.97 5.11 4.92 0.835 times
24 Fri May 2024 4.95 4.94 4.96 4.89 0.391 times
23 Thu May 2024 4.96 4.98 5.06 4.94 0.854 times
22 Wed May 2024 4.98 4.94 5.05 4.93 0.671 times
21 Tue May 2024 4.96 4.97 4.97 4.90 1.215 times
20 Mon May 2024 4.98 5.10 5.11 4.96 1.537 times
17 Fri May 2024 5.04 5.15 5.18 5.01 0.994 times
16 Thu May 2024 5.12 5.05 5.21 5.05 1.089 times
15 Wed May 2024 5.03 5.07 5.07 4.95 1.048 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 4.9 as stoploss in an intra day buy trade for a target of 5. However, stock will show a bearish move below 4.9.

Share price targets for Magnachip Semiconductor (MX)

Target Type Value
Downside Target 4.70
Upside Target 5.11
Upside Target 5.21
Upside Target 5.34
Upside Target 5.41
Upside Target 5.75
Upside Target 6.00
Upside Target 6.52
Upside Target 6.93
Upside Target 8.16

Intraday share price targets for Magnachip Semiconductor (MX)

Target Type Value
Downside Intraday Target 4.87
Downside Intraday Target 4.8
Upside Intraday Target 5.06
Upside Intraday Target 5.18
Upside Intraday Target 4.99

Weekly technical analysis of Magnachip Semiconductor (MX)

Date Weekly Closing Price Open High Low Volume
29 Wed May 2024 4.94 4.97 5.11 4.92 0.313 times
24 Fri May 2024 4.95 5.10 5.11 4.89 0.826 times
17 Fri May 2024 5.04 4.90 5.21 4.87 1.074 times
10 Fri May 2024 4.89 5.09 5.34 4.83 0.72 times
03 Fri May 2024 5.09 4.99 5.17 4.78 1.276 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
29 Wed May 2024 4.94 5.01 5.34 4.78 0.685 times
30 Tue Apr 2024 5.02 5.59 5.75 4.70 0.536 times
28 Thu Mar 2024 5.58 5.71 6.00 5.18 1.145 times
29 Thu Feb 2024 5.70 6.53 6.93 5.41 1.406 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 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 below 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 5.01 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 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 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 below 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 5.01 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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