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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)

Showing technical analysis as on 2021-09-28 View latest technical analysis

10 day averaged volume of Magma Fin is 200935

Date Daily Closing Price Open High Low Volume
28 Tue Sep 2021 163.80 164.30 167.45 159.50 0.752 times
27 Mon Sep 2021 164.30 173.10 173.95 163.10 0.625 times
24 Fri Sep 2021 168.85 166.20 172.45 162.20 0.321 times
23 Thu Sep 2021 168.25 171.75 173.60 167.00 0.195 times
22 Wed Sep 2021 170.75 173.50 175.00 167.50 0.295 times
21 Tue Sep 2021 173.25 161.15 175.00 159.75 2.757 times
20 Mon Sep 2021 168.15 174.00 177.95 168.15 0.766 times
17 Fri Sep 2021 176.95 163.55 180.75 163.55 3.069 times
16 Thu Sep 2021 172.15 172.15 172.15 172.15 0.561 times
15 Wed Sep 2021 181.20 180.50 184.50 180.00 0.718 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 168.6, but if it comes above 168.6, then a intra day buy could be more profitable.
If you take a sell trade below 168.6, then use 168.6 as stoploss and 159.9 as target. However if you take a buy trade in stock , then use 168.6 as stoploss and 175.75 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 111.05
Downside Target 141.10
Downside Target 147.90
Downside Target 159.50
Downside Target 163.00
Upside Target 173.80
Upside Target 177.95
Upside Target 182.80
Upside Target 186.00
Upside Target 190.50
Upside Target 190.90
Upside Target 199.65

Intraday share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Intraday Target 157.55
Downside Intraday Target 151.3
Upside Intraday Target 172
Upside Intraday Target 180.2
Upside Intraday Target 165.75

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
28 Tue Sep 2021 163.80 173.10 173.95 159.50 0.318 times
24 Fri Sep 2021 168.85 174.00 177.95 159.75 0.531 times
17 Fri Sep 2021 176.95 183.60 190.90 163.55 2.576 times
09 Thu Sep 2021 181.85 180.00 190.50 177.05 1.466 times
03 Fri Sep 2021 177.45 178.10 182.80 164.00 0.601 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
28 Tue Sep 2021 163.80 174.95 190.90 159.50 1.272 times
31 Tue Aug 2021 173.25 175.00 199.65 163.00 1.774 times
30 Fri Jul 2021 173.85 149.70 186.00 141.50 0.343 times
30 Wed Jun 2021 147.40 143.05 173.80 141.10 0.094 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 Magma Fin (MagmaFin)

Indicator Name Indicator Value Indicator Signal
ADX 7, 23, 55 Sell
MACD -2, 0Sell
Stochastics 21Sell
CCI -146Sell
RSI 50Sell
OBV 1600668Sell
VWAP 173Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Magma Fin ( (MagmaFin) ) based on a short term time period is

Price action analysis of Magma Fin ( (MagmaFin) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling 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 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 172.92 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

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Daily charts

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Daily chart

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