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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 43303

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 458.30 467.85 467.85 456.00 1.802 times
20 Mon May 2024 465.30 467.00 469.20 464.30 0.109 times
17 Fri May 2024 462.90 465.05 469.95 461.75 0.861 times
16 Thu May 2024 467.50 472.95 478.05 464.80 1.746 times
15 Wed May 2024 466.00 470.05 474.10 465.00 0.568 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 461.3, but if it comes above 461.3, then a intra day buy could be more profitable.
If you take a sell trade below 461.3, then use 461.3 as stoploss and 445.1 as target. However if you take a buy trade in stock , then use 461.3 as stoploss and 474.86 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 429.05
Downside Target 448.00
Upside Target 469.20
Upside Target 489.65
Upside Target 491.95
Upside Target 496.40
Upside Target 500.00
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 453.13
Downside Intraday Target 447.97
Upside Intraday Target 466.33
Upside Intraday Target 474.37
Upside Intraday Target 461.17

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 458.30 467.00 469.20 456.00 0.399 times
17 Fri May 2024 462.90 458.75 478.05 451.75 0.59 times
10 Fri May 2024 462.70 491.95 491.95 450.05 0.674 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

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
21 Tue May 2024 458.30 492.35 496.40 450.05 0.17 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 -8, -6Sell
Stochastics 37None
CCI -57Sell
RSI 48Sell
OBV -551770Sell
VWAP 462Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Magma Fin ( (MagmaFin) ) 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 Magma Fin ( (MagmaFin) ) 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 Magma Fin ( (MagmaFin) ) 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 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 and the sell signal is strong.

Magma Fin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 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 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 Magma Fin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 462.34 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 negative.

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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