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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 2022-05-18 View latest technical analysis

10 day averaged volume of Magma Fin is 540907

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 253.80 258.70 262.65 250.45 0.783 times
17 Tue May 2022 255.40 247.00 258.25 241.55 0.794 times
16 Mon May 2022 243.75 250.90 252.90 236.60 0.765 times
13 Fri May 2022 247.50 228.50 259.80 227.25 2.836 times
12 Thu May 2022 216.50 225.00 229.55 212.50 1.002 times
11 Wed May 2022 230.05 242.80 245.65 220.40 1.169 times
10 Tue May 2022 239.30 254.50 261.05 236.20 0.418 times
09 Mon May 2022 253.05 261.20 268.00 251.65 0.721 times
06 Fri May 2022 265.30 265.90 270.70 262.00 0.72 times
05 Thu May 2022 273.85 282.00 289.60 271.00 0.551 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 244.2 as stoploss in an intra day buy trade for a target of 280.42. However, stock will show a bearish move below 244.2.

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 212.50
Downside Target 236.60
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 239.38
Downside Intraday Target 224.97
Upside Intraday Target 265.43
Upside Intraday Target 277.07
Downside Intraday Target 251.02

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 253.80 250.90 262.65 236.60 0.381 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 up 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
18 Wed May 2022 253.80 302.05 306.70 212.50 0.663 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 21, 27, 14 Sell
MACD -17, -13Sell
Stochastics 46None
CCI 33Buy
RSI 56Buy
OBV -3206735Sell
VWAP 246Buy
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Magma Fin ( (MagmaFin) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magma Fin ( (MagmaFin) ) based on a short 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.

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Magma Fin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Magma Fin in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Magma Fin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Magma Fin in short term and BUY 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 245.94 and Magma Fin (MagmaFin) stock is trading above this level. This is a good sign for the stock and it could move higher. 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

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Daily chart

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