Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-09 View latest technical analysis

10 day averaged volume of Motor Gen is 2319

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	37.90	39.89	39.89	37.90	0.866 times
08 Mon Apr 2024	39.89	40.62	40.62	39.10	4.66 times
05 Fri Apr 2024	38.69	38.50	38.69	38.50	0.702 times
04 Thu Apr 2024	36.85	36.69	36.85	36.15	0.331 times
03 Wed Apr 2024	35.10	35.09	35.10	35.09	0.059 times
02 Tue Apr 2024	33.43	33.49	33.50	31.91	0.539 times
01 Mon Apr 2024	32.00	31.50	32.00	30.60	0.228 times
28 Thu Mar 2024	30.50	31.00	31.00	30.50	0.14 times
27 Wed Mar 2024	31.05	31.55	32.50	31.00	2.685 times
26 Tue Mar 2024	31.56	32.10	32.50	31.55	0.61 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.3, but if it comes below 36.3, then a intra day sell could be more profitable.
If you take a sell trade below 36.3, then use 36.3 as stoploss and 33.63 as target. However if you take a buy trade in stock , then use 36.3 as stoploss and 39.4 as target.

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
Upside Target	38.50
Upside Target	38.55
Upside Target	38.69
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	36.99
Downside Intraday Target	36.09
Upside Intraday Target	39.71
Upside Intraday Target	41.53
Upside Intraday Target	38.81

Weekly technical analysis of Motor Gen (MotorGen)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	37.90	40.62	40.62	37.90	2.973 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 down 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
09 Tue Apr 2024	37.90	31.50	40.62	30.60	0.098 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 losing momentum.

MACD generated a BUY signal for Motor Gen in short term and the buy 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 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 coming down

CCI has generated a SELL signal for Motor Gen in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 36.26 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.