(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 2024-08-28 View latest technical analysis
10 day averaged volume of Magnachip Semiconductor is 104559
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 4.77 | 4.80 | 4.83 | 4.71 | 2.139 times |
| 27 Tue Aug 2024 | 4.81 | 4.88 | 4.91 | 4.76 | 2.082 times |
| 26 Mon Aug 2024 | 4.92 | 4.93 | 4.97 | 4.90 | 0.781 times |
| 23 Fri Aug 2024 | 4.93 | 4.88 | 4.97 | 4.88 | 1.032 times |
| 22 Thu Aug 2024 | 4.88 | 4.92 | 4.94 | 4.87 | 0.752 times |
| 21 Wed Aug 2024 | 4.95 | 4.93 | 4.98 | 4.88 | 0.664 times |
| 20 Tue Aug 2024 | 4.95 | 5.02 | 5.05 | 4.94 | 0.653 times |
| 19 Mon Aug 2024 | 5.02 | 5.00 | 5.03 | 4.95 | 1.342 times |
| 16 Fri Aug 2024 | 4.96 | 4.93 | 4.98 | 4.91 | 0.672 times |
| 15 Thu Aug 2024 | 4.96 | 4.89 | 4.97 | 4.89 | 0.672 times |
Stock of Magnachip Semiconductor (MX) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.8, but if it comes above 4.8, then a intra day buy could be more profitable.
If you take a sell trade below 4.8, then use 4.8 as stoploss and 4.5 as target. However if you take a buy trade in stock , then use 4.8 as stoploss and 5.02 as target.
Share price targets for Magnachip Semiconductor (MX)
| Target Type | Value |
| Downside Target | 4.70 |
| Upside Target | 5.04 |
| Upside Target | 5.05 |
| Upside Target | 5.14 |
| Upside Target | 5.28 |
| Upside Target | 5.30 |
| Upside Target | 5.34 |
| Upside Target | 5.75 |
| Upside Target | 5.98 |
Intraday share price targets for Magnachip Semiconductor (MX)
| Target Type | Value |
| Downside Intraday Target | 4.66 |
| Downside Intraday Target | 4.56 |
| Upside Intraday Target | 4.92 |
| Upside Intraday Target | 5.08 |
| Upside Intraday Target | 4.82 |
Weekly technical analysis of Magnachip Semiconductor (MX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 4.77 | 4.93 | 4.97 | 4.71 | 1.126 times |
| 23 Fri Aug 2024 | 4.93 | 5.00 | 5.05 | 4.87 | 0.857 times |
| 16 Fri Aug 2024 | 4.96 | 4.95 | 5.04 | 4.80 | 0.413 times |
| 09 Fri Aug 2024 | 4.96 | 5.22 | 5.30 | 4.90 | 0.45 times |
| 02 Fri Aug 2024 | 5.56 | 4.95 | 5.98 | 4.90 | 2.262 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 |
| 28 Wed Aug 2024 | 4.77 | 5.46 | 5.98 | 4.71 | 1.034 times |
| 31 Wed Jul 2024 | 5.09 | 4.87 | 5.28 | 4.76 | 1.372 times |
| 28 Fri Jun 2024 | 4.87 | 5.05 | 5.14 | 4.77 | 0.746 times |
| 31 Fri May 2024 | 5.03 | 5.01 | 5.34 | 4.78 | 0.741 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 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 Magnachip Semiconductor ( (MX) ) based on a short to mid 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 Magnachip Semiconductor ( (MX) ) based on a mid to longer 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
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 SELL signal for Magnachip Semiconductor in short term and the sell signal is strong.
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 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 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 4.89 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 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 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 Magnachip Semiconductor ( (MX) ) based on a short to mid 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 Magnachip Semiconductor ( (MX) ) based on a mid to longer 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
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 SELL signal for Magnachip Semiconductor in short term and the sell signal is strong.
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 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 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 4.89 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.