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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 2024-04-08 View latest technical analysis

10 day averaged volume of Motor Gen is 1261

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	39.89	40.62	40.62	39.10	8.569 times
05 Fri Apr 2024	38.69	38.50	38.69	38.50	1.291 times
04 Thu Apr 2024	36.85	36.69	36.85	36.15	0.608 times
03 Wed Apr 2024	35.10	35.09	35.10	35.09	0.108 times
02 Tue Apr 2024	33.43	33.49	33.50	31.91	0.992 times
01 Mon Apr 2024	32.00	31.50	32.00	30.60	0.419 times
28 Thu Mar 2024	30.50	31.00	31.00	30.50	0.258 times
27 Wed Mar 2024	31.05	31.55	32.50	31.00	4.938 times
26 Tue Mar 2024	31.56	32.10	32.50	31.55	1.121 times
22 Fri Mar 2024	32.10	32.39	32.39	31.63	0.087 times

Stock of Motor Gen (MotorGen) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 38.9, for a target of 35.9 or 33.47

Share price targets for Motor Gen (MotorGen)

Target Type	Value
Downside Target	29.09
Downside Target	30.50
Downside Target	31.35
Downside Target	32.50
Downside Target	35.44
Downside Target	37.50
Downside Target	38.55
Downside Target	38.69
Downside Target	39.10
Upside Target	40.62
Upside Target	44.25
Upside Target	50.98

Intraday share price targets for Motor Gen (MotorGen)

Target Type	Value
Downside Intraday Target	39.12
Downside Intraday Target	38.35
Upside Intraday Target	40.64
Upside Intraday Target	41.39
Downside Intraday Target	39.87

Weekly technical analysis of Motor Gen (MotorGen)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	39.89	40.62	40.62	39.10	2.507 times
05 Fri Apr 2024	38.69	31.50	38.69	30.60	0.541 times
28 Thu Mar 2024	30.50	32.10	32.50	30.50	0.194 times
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

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 Motor Gen (MotorGen)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	39.89	31.50	40.62	30.60	0.087 times
28 Thu Mar 2024	30.50	38.00	38.50	30.50	3.238 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

Scroll below to view daily charts

Price has moved up 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 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 Motor Gen ( (MotorGen) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Motor Gen in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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

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 36.1 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 rising upwards.

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 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.