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(MagmaFin) Magma Fin complete technical analysis [charts+indicators] | Buy/Sell Magma Fin | (MagmaFin) share price targets

Complete technical analysis of Magma Fin (MagmaFin) by charts plus indicators, forecast predictions and share price targets for Magma Fin (MagmaFin)

10 day averaged volume of Magma Fin is 109646

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 468.35 472.10 473.90 463.45 0.599 times
07 Tue May 2024 471.55 478.65 480.00 468.80 0.874 times
06 Mon May 2024 478.15 491.95 491.95 475.20 1.03 times
03 Fri May 2024 484.15 496.40 496.40 482.10 0.413 times
02 Thu May 2024 491.65 492.35 495.75 482.40 0.951 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 470.4, for a target of 480.1 or 488.23

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 429.05
Downside Target 448.00
Upside Target 482.10
Upside Target 496.40
Upside Target 500.00
Upside Target 505.95
Upside Target 506.80
Upside Target 509.00
Upside Target 513.95
Upside Target 519.95

Intraday share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Intraday Target 457.22
Downside Intraday Target 446.08
Upside Intraday Target 485.72
Upside Intraday Target 503.08
Upside Intraday Target 474.58

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 468.35 491.95 491.95 463.45 0.526 times
03 Fri May 2024 484.15 491.80 509.00 482.10 0.64 times
26 Fri Apr 2024 484.85 499.35 513.95 483.45 3.491 times
19 Fri Apr 2024 498.90 456.05 505.95 456.05 0.092 times
12 Fri Apr 2024 492.65 506.80 506.80 483.35 3.605 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 Magma Fin (MagmaFin)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 468.35 492.35 496.40 463.45 0.091 times
30 Tue Apr 2024 489.85 474.65 513.95 456.05 1.774 times
28 Thu Mar 2024 465.50 470.95 489.65 431.05 1.485 times
29 Thu Feb 2024 467.90 481.85 500.00 448.00 0.444 times

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 Magma Fin (MagmaFin)

Indicator Name Indicator Value Indicator Signal
ADX 15, 24, 22 Sell
MACD 1, 6Sell
Stochastics 8Sell
CCI -169Sell
RSI 49Sell
OBV 289268Sell
VWAP 485Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Magma Fin ( (MagmaFin) ) 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 Magma Fin ( (MagmaFin) ) 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 Magma Fin ( (MagmaFin) ) based on a short to mid 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 Magma Fin ( (MagmaFin) ) based on a mid to longer term time period is

ADX buy sell signal for Magma Fin stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Magma Fin in short term but the sell signal is initial and weak.

Magma Fin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magma Fin in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Magma Fin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 484.81 and Magma Fin (MagmaFin) 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 Magma Fin (MagmaFin) stock. Volume based technical analysis of Magma Fin (MagmaFin) stock is negative.

Magma Fin Stock has given negative 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.

Click here for Magma Fin charts

Click here for further forecast and predictions for tomorrow

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