(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 2022-05-20 View latest technical analysis
10 day averaged volume of Magma Fin is 538161
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 243.35 | 245.00 | 251.00 | 241.00 | 0.522 times |
| 19 Thu May 2022 | 238.45 | 243.20 | 247.25 | 235.70 | 0.744 times |
| 18 Wed May 2022 | 253.80 | 258.70 | 262.65 | 250.45 | 0.787 times |
| 17 Tue May 2022 | 255.40 | 247.00 | 258.25 | 241.55 | 0.798 times |
| 16 Mon May 2022 | 243.75 | 250.90 | 252.90 | 236.60 | 0.769 times |
| 13 Fri May 2022 | 247.50 | 228.50 | 259.80 | 227.25 | 2.85 times |
| 12 Thu May 2022 | 216.50 | 225.00 | 229.55 | 212.50 | 1.007 times |
| 11 Wed May 2022 | 230.05 | 242.80 | 245.65 | 220.40 | 1.175 times |
| 10 Tue May 2022 | 239.30 | 254.50 | 261.05 | 236.20 | 0.421 times |
| 09 Mon May 2022 | 253.05 | 261.20 | 268.00 | 251.65 | 0.725 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 237.3 as stoploss in an intra day buy trade for a target of 272.16. However, stock will show a bearish move below 237.3.
Share price targets for Magma Fin (MagmaFin)
| Target Type | Value |
| Downside Target | 212.50 |
| Downside Target | 235.70 |
| 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 | 231.82 |
| Downside Intraday Target | 220.28 |
| Upside Intraday Target | 258.77 |
| Upside Intraday Target | 274.18 |
| Upside Intraday Target | 247.23 |
Weekly technical analysis of Magma Fin (MagmaFin)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 243.35 | 250.90 | 262.65 | 235.70 | 0.586 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 |
| 20 Fri May 2022 | 243.35 | 302.05 | 306.70 | 212.50 | 0.736 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, 30, 22 | Sell |
| MACD | -19, -15 | Sell |
| Stochastics | 51 | None |
| CCI | 12 | Buy |
| RSI | 52 | Buy |
| OBV | -2322555 | Sell |
| VWAP | 242 | Buy |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up
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 but buying 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 242.23 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.
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