Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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 2022-05-13 View latest technical analysis

10 day averaged volume of Magma Fin is 374798

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 247.50 228.50 259.80 227.25 4.093 times
12 Thu May 2022 216.50 225.00 229.55 212.50 1.446 times
11 Wed May 2022 230.05 242.80 245.65 220.40 1.687 times
10 Tue May 2022 239.30 254.50 261.05 236.20 0.604 times
09 Mon May 2022 253.05 261.20 268.00 251.65 1.04 times
06 Fri May 2022 265.30 265.90 270.70 262.00 1.039 times
05 Thu May 2022 273.85 282.00 289.60 271.00 0.795 times
04 Wed May 2022 276.20 294.00 296.65 271.40 1.477 times
02 Mon May 2022 293.15 302.05 306.70 291.15 0.891 times
29 Fri Apr 2022 306.60 315.75 319.00 305.10 0.582 times

Stock of Magma Fin (MagmaFin) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 254.7, but if it comes above 254.7, then a intra day buy could be more profitable.
If you take a sell trade below 254.7, then use 254.7 as stoploss and 209.9 as target. However if you take a buy trade in stock , then use 254.7 as stoploss and 292.03 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 212.50
Upside Target 262.00
Upside Target 268.00
Upside Target 278.20
Upside Target 288.45
Upside Target 298.25
Upside Target 306.70
Upside Target 310.55
Upside Target 329.20
Upside Target 343.15
Upside Target 343.75

Intraday share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Intraday Target 217.33
Downside Intraday Target 187.17
Upside Intraday Target 272.83
Upside Intraday Target 298.17
Downside Intraday Target 242.67

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 247.50 261.20 268.00 212.50 2.111 times
06 Fri May 2022 265.30 302.05 306.70 262.00 1.486 times
29 Fri Apr 2022 306.60 325.75 329.20 305.10 0.49 times
22 Fri Apr 2022 330.00 329.80 343.15 310.55 0.672 times
13 Wed Apr 2022 331.50 304.30 343.75 298.25 1.23 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 Magma Fin (MagmaFin)

Date Monthly Closing Price Open High Low Volume
13 Fri May 2022 247.50 302.05 306.70 212.50 0.527 times
29 Fri Apr 2022 306.60 270.50 343.75 269.75 2.06 times
31 Thu Mar 2022 271.40 231.70 278.20 216.65 0.794 times
28 Mon Feb 2022 237.05 288.00 288.45 217.00 0.482 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 20, 35, 27 Sell
MACD -18, -6Sell
Stochastics 15Sell
CCI -53Buy
RSI 51Buy
OBV 531045Sell
VWAP 254Sell
ADL 0Sell
ROC -21Sell
Force Index 0Sell

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Magma Fin stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls 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 Magma Fin in short term but BUY signal is weak.

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

Stock of Magma Fin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 253.61 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

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme