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 2022-05-16 View latest technical analysis

10 day averaged volume of Magma Fin is 511772

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 243.75 250.90 252.90 236.60 0.809 times
13 Fri May 2022 247.50 228.50 259.80 227.25 2.997 times
12 Thu May 2022 216.50 225.00 229.55 212.50 1.059 times
11 Wed May 2022 230.05 242.80 245.65 220.40 1.236 times
10 Tue May 2022 239.30 254.50 261.05 236.20 0.442 times
09 Mon May 2022 253.05 261.20 268.00 251.65 0.762 times
06 Fri May 2022 265.30 265.90 270.70 262.00 0.761 times
05 Thu May 2022 273.85 282.00 289.60 271.00 0.582 times
04 Wed May 2022 276.20 294.00 296.65 271.40 1.082 times
02 Mon May 2022 293.15 302.05 306.70 291.15 0.652 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 250.1, but if it comes above 250.1, then a intra day buy could be more profitable.
If you take a sell trade below 250.1, then use 250.1 as stoploss and 204.9 as target. However if you take a buy trade in stock , then use 250.1 as stoploss and 287.64 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 212.50
Downside Target 236.60
Upside Target 252.90
Upside Target 262.00
Upside Target 268.00
Upside Target 278.20
Upside Target 288.45
Upside Target 302.70
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 235.93
Downside Intraday Target 228.12
Upside Intraday Target 252.23
Upside Intraday Target 260.72
Upside Intraday Target 244.42

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 243.75 250.90 252.90 236.60 0.125 times
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

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
16 Mon May 2022 243.75 302.05 306.70 212.50 0.571 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 18, 32, 27 Sell
MACD -19, -9Sell
Stochastics 23Sell
CCI -42Sell
RSI 53Buy
OBV -750943Sell
VWAP 251Sell
ADL 0Sell
ROC -21Sell
Force Index 0Sell

Price action analysis of Magma Fin ( (MagmaFin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 coming down

CCI has generated a SELL signal for Magma Fin in short term and SELL signal is strong!

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 250.67 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