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(MotorGen) Motor Gen complete technical analysis [charts+indicators] | Buy/Sell Motor Gen | (MotorGen) share price targets

Complete technical analysis of Motor Gen (MotorGen) by charts plus indicators, forecast predictions and share price targets for Motor Gen (MotorGen)

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Motor Gen is 1223

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	39.50	39.49	39.50	39.49	0.164 times
22 Thu Feb 2024	39.01	39.99	39.99	39.00	0.741 times
21 Wed Feb 2024	39.80	39.50	40.35	39.02	1.33 times
20 Tue Feb 2024	39.52	40.90	40.90	39.52	0.476 times
19 Mon Feb 2024	40.01	39.55	40.70	39.55	0.038 times
16 Fri Feb 2024	40.23	40.00	40.90	40.00	3.966 times
15 Thu Feb 2024	39.00	38.33	39.00	38.33	0.616 times
14 Wed Feb 2024	37.59	38.28	38.28	37.50	1.574 times
13 Tue Feb 2024	38.00	39.05	39.05	38.00	0.448 times
12 Mon Feb 2024	40.00	41.25	41.25	40.00	0.779 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38.9 as stoploss in an intra day buy trade for a target of 40.4. However, stock will show a bearish move below 38.9.

Share price targets for Motor Gen (MotorGen)

Target Type	Value
Downside Target	28.52
Downside Target	29.09
Downside Target	33.50
Downside Target	34.75
Downside Target	37.50
Upside Target	40.90
Upside Target	41.00
Upside Target	41.25
Upside Target	42.80
Upside Target	43.48
Upside Target	44.25
Upside Target	50.98

Intraday share price targets for Motor Gen (MotorGen)

Target Type	Value
Downside Intraday Target	38.7
Downside Intraday Target	37.9
Upside Intraday Target	40.6
Upside Intraday Target	41.7
Upside Intraday Target	39.8

Weekly technical analysis of Motor Gen (MotorGen)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	39.50	39.55	40.90	39.00	0.372 times
16 Fri Feb 2024	40.23	41.25	41.25	37.50	0.358 times
09 Fri Feb 2024	41.25	43.48	44.25	41.00	1.265 times
02 Fri Feb 2024	43.48	42.00	43.48	38.55	1.787 times
25 Thu Jan 2024	41.10	42.10	42.80	38.70	0.622 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 Motor Gen (MotorGen)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	39.50	40.45	44.25	37.50	0.065 times
31 Wed Jan 2024	39.59	40.70	50.98	38.55	15.351 times
29 Fri Dec 2023	37.76	29.09	37.92	29.09	0.994 times
29 Wed Nov 2023	28.52	30.35	34.75	28.52	1.802 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 Motor Gen (MotorGen)

Price action analysis of Motor Gen ( (MotorGen) ) 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 Motor Gen ( (MotorGen) ) 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 Motor Gen ( (MotorGen) ) 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 Motor Gen ( (MotorGen) ) 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 Motor Gen stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Motor Gen in short term and the sell signal is strong.

Motor Gen 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Motor Gen 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 negative zone. This is the SELL zone

Stock of Motor Gen is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.44 and Motor Gen (MotorGen) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Motor Gen (MotorGen) stock. Volume based technical analysis of Motor Gen (MotorGen) stock is negative.

Motor Gen 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.