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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 2024-03-22 View latest technical analysis

10 day averaged volume of Motor Gen is 15120

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	32.10	32.39	32.39	31.63	0.007 times
21 Thu Mar 2024	32.39	32.39	32.39	32.00	0.014 times
20 Wed Mar 2024	31.75	31.50	31.75	31.50	0.091 times
19 Tue Mar 2024	31.50	31.75	31.75	31.50	0.321 times
18 Mon Mar 2024	31.75	32.50	32.50	31.75	2.284 times
15 Fri Mar 2024	32.50	32.50	32.50	32.40	0.083 times
14 Thu Mar 2024	32.40	31.55	32.50	31.35	6.875 times
13 Wed Mar 2024	33.00	33.25	33.25	32.16	0.022 times
12 Tue Mar 2024	33.25	34.30	34.30	33.25	0.11 times
11 Mon Mar 2024	35.00	34.75	35.44	34.75	0.063 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.2, but if it comes above 32.2, then a intra day buy could be more profitable.
If you take a sell trade below 32.2, then use 32.2 as stoploss and 28.9 as target. However if you take a buy trade in stock , then use 32.2 as stoploss and 35.03 as target.

Share price targets for Motor Gen (MotorGen)

Target Type	Value
Downside Target	28.52
Downside Target	29.09
Downside Target	31.35
Upside Target	32.50
Upside Target	34.00
Upside Target	34.75
Upside Target	37.50
Upside Target	38.55
Upside Target	39.00
Upside Target	39.90
Upside Target	40.90
Upside Target	44.25
Upside Target	50.98

Intraday share price targets for Motor Gen (MotorGen)

Target Type	Value
Downside Intraday Target	31.57
Downside Intraday Target	31.03
Upside Intraday Target	32.57
Upside Intraday Target	33.03
Downside Intraday Target	32.03

Weekly technical analysis of Motor Gen (MotorGen)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	32.10	32.50	32.50	31.50	0.38 times
15 Fri Mar 2024	32.50	34.75	35.44	31.35	6.388 times
07 Thu Mar 2024	34.73	38.45	38.50	34.00	3.606 times
02 Sat Mar 2024	38.05	39.50	39.90	37.55	1.396 times
23 Fri Feb 2024	39.50	39.55	40.90	39.00	0.372 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
22 Fri Mar 2024	32.10	38.00	38.50	31.35	3.09 times
29 Thu Feb 2024	38.00	40.45	44.25	37.50	0.07 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Motor Gen 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Motor Gen in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Motor Gen is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.24 and Motor Gen (MotorGen) 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 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.