(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 2024-05-06 View latest technical analysis
10 day averaged volume of Magnachip Semiconductor is 245590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 5.17 | 5.09 | 5.34 | 5.09 | 1.333 times |
| 03 Fri May 2024 | 5.09 | 5.17 | 5.17 | 4.82 | 1.663 times |
| 02 Thu May 2024 | 4.93 | 4.92 | 4.97 | 4.78 | 1.437 times |
| 01 Wed May 2024 | 4.91 | 5.01 | 5.06 | 4.84 | 0.916 times |
| 30 Tue Apr 2024 | 5.02 | 4.96 | 5.08 | 4.96 | 0.764 times |
| 29 Mon Apr 2024 | 5.00 | 4.99 | 5.08 | 4.96 | 0.826 times |
| 26 Fri Apr 2024 | 5.00 | 4.73 | 5.03 | 4.73 | 0.775 times |
| 25 Thu Apr 2024 | 4.78 | 4.82 | 4.83 | 4.70 | 0.962 times |
| 24 Wed Apr 2024 | 4.83 | 4.87 | 4.98 | 4.78 | 0.807 times |
| 23 Tue Apr 2024 | 4.87 | 4.85 | 4.92 | 4.83 | 0.798 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.2 as stoploss in an intra day sell trade for a target of 5.03. However, stock will show a bullish move above 5.2.
Share price targets for Magnachip Semiconductor (MX)
| Target Type | Value |
| Downside Target | 4.70 |
| Downside Target | 5.03 |
| Upside Target | 5.34 |
| Upside Target | 5.41 |
| Upside Target | 5.43 |
| 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 | 5.06 |
| Downside Intraday Target | 4.95 |
| Upside Intraday Target | 5.31 |
| Upside Intraday Target | 5.45 |
| Upside Intraday Target | 5.2 |
Weekly technical analysis of Magnachip Semiconductor (MX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 5.17 | 5.09 | 5.34 | 5.09 | 0.238 times |
| 03 Fri May 2024 | 5.09 | 4.99 | 5.17 | 4.78 | 1.276 times |
| 26 Fri Apr 2024 | 5.00 | 4.80 | 5.03 | 4.70 | 0.697 times |
| 19 Fri Apr 2024 | 4.78 | 5.28 | 5.28 | 4.76 | 0.948 times |
| 12 Fri Apr 2024 | 5.26 | 5.32 | 5.43 | 5.20 | 1.11 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 Magnachip Semiconductor (MX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 5.17 | 5.01 | 5.34 | 4.78 | 0.215 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 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 Magnachip Semiconductor (MX)
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 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 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 Strong 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 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 moving up
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 and selling is picking up 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 4.98 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 rising upwards.
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 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 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 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 Strong 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 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 moving up
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 and selling is picking up 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 4.98 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 rising upwards.
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.