(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)
Intraday share price targets for Magma Fin (MagmaFin)
|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|
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.