(MMP) Magellan Midstream complete technical analysis [charts+indicators] | Buy/Sell Magellan Midstream | (MMP) share price targets
Complete technical analysis of Magellan Midstream (MMP) by charts plus indicators, forecast predictions and share price targets for Magellan Midstream (MMP)
Magellan Midstream trades in USA in Energy sector.
10 day averaged volume of Magellan Midstream is 2975390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 69.00 | 69.44 | 69.90 | 68.80 | 10.429 times |
| 21 Thu Sep 2023 | 68.54 | 69.00 | 69.58 | 68.54 | 2.198 times |
| 20 Wed Sep 2023 | 69.06 | 67.98 | 69.45 | 67.31 | 1.099 times |
| 19 Tue Sep 2023 | 68.97 | 68.43 | 69.21 | 68.27 | 0.79 times |
| 18 Mon Sep 2023 | 68.50 | 68.12 | 68.64 | 67.60 | 1.37 times |
| 15 Fri Sep 2023 | 68.23 | 69.14 | 69.35 | 68.06 | 0.846 times |
| 14 Thu Sep 2023 | 69.28 | 68.50 | 69.40 | 68.33 | 1.22 times |
| 14 Thu Sep 2023 | 69.28 | 68.50 | 69.40 | 68.33 | 1.22 times |
| 13 Wed Sep 2023 | 68.18 | 67.74 | 68.25 | 67.52 | 0.326 times |
| 12 Tue Sep 2023 | 67.88 | 66.60 | 67.95 | 66.45 | 0.536 times |
Stock of Magellan Midstream (MMP) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.8, but if it comes below 68.8, then a intra day sell could be more profitable.
If you take a sell trade below 68.8, then use 68.8 as stoploss and 67.52 as target. However if you take a buy trade in stock , then use 68.8 as stoploss and 70.3 as target.
Share price targets for Magellan Midstream (MMP)
| Target Type | Value |
| Downside Target | 53.01 |
| Downside Target | 58.34 |
| Downside Target | 61.33 |
| Downside Target | 62.65 |
| Downside Target | 64.42 |
| Downside Target | 66.18 |
| Downside Target | 67.14 |
| Downside Target | 67.31 |
| Downside Target | 68.06 |
| Upside Target | 69.40 |
| Upside Target | 69.90 |
Intraday share price targets for Magellan Midstream (MMP)
| Target Type | Value |
| Downside Intraday Target | 67.57 |
| Downside Intraday Target | 66.15 |
| Upside Intraday Target | 70.16 |
| Upside Intraday Target | 71.33 |
| Downside Intraday Target | 68.74 |
Weekly technical analysis of Magellan Midstream (MMP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 69.00 | 68.12 | 69.90 | 67.31 | 7.687 times |
| 15 Fri Sep 2023 | 68.23 | 68.50 | 69.40 | 68.06 | 0.834 times |
| 14 Thu Sep 2023 | 69.28 | 66.65 | 69.40 | 66.18 | 1.181 times |
| 08 Fri Sep 2023 | 66.47 | 66.60 | 67.09 | 64.61 | 7.644 times |
| 01 Fri Sep 2023 | 66.61 | 66.48 | 67.14 | 66.44 | 0.164 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 Magellan Midstream (MMP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 69.00 | 66.48 | 69.90 | 64.61 | 3 times |
| 31 Thu Aug 2023 | 66.42 | 66.00 | 66.91 | 63.04 | 1.09 times |
| 31 Mon Jul 2023 | 66.27 | 62.32 | 66.78 | 61.33 | 0.528 times |
| 30 Fri Jun 2023 | 62.32 | 60.04 | 62.65 | 58.34 | 0.734 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Magellan Midstream (MMP)
Price action analysis of Magellan Midstream ( (MMP) ) based on a short 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 Magellan Midstream ( (MMP) ) based on a short 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 Magellan Midstream ( (MMP) ) 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 Magellan Midstream ( (MMP) ) 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 Magellan Midstream stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magellan Midstream in short term and the buy signal is strong.
Magellan Midstream Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magellan Midstream in short term and BUY 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
Stock of Magellan Midstream is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.88 and Magellan Midstream (MMP) 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 Magellan Midstream (MMP) stock. Volume based technical analysis of Magellan Midstream (MMP) stock is negative.
Magellan Midstream 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.
Price action analysis of Magellan Midstream ( (MMP) ) based on a short 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 Magellan Midstream ( (MMP) ) based on a short 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 Magellan Midstream ( (MMP) ) 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 Magellan Midstream ( (MMP) ) 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 Magellan Midstream stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Magellan Midstream in short term and the buy signal is strong.
Magellan Midstream Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Magellan Midstream in short term and BUY 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
Stock of Magellan Midstream is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 68.88 and Magellan Midstream (MMP) 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 Magellan Midstream (MMP) stock. Volume based technical analysis of Magellan Midstream (MMP) stock is negative.
Magellan Midstream 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.