(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, -6 | Sell |
| Stochastics | 15 | Sell |
| CCI | -53 | Buy |
| RSI | 51 | Buy |
| OBV | 531045 | Sell |
| VWAP | 254 | Sell |
| ADL | 0 | Sell |
| ROC | -21 | Sell |
| Force Index | 0 | Sell |
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.
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