(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 2022-05-23 View latest technical analysis
10 day averaged volume of Magma Fin is 527317
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 237.60 | 245.00 | 246.50 | 236.10 | 0.376 times |
| 20 Fri May 2022 | 243.35 | 245.00 | 251.00 | 241.00 | 0.533 times |
| 19 Thu May 2022 | 238.45 | 243.20 | 247.25 | 235.70 | 0.759 times |
| 18 Wed May 2022 | 253.80 | 258.70 | 262.65 | 250.45 | 0.803 times |
| 17 Tue May 2022 | 255.40 | 247.00 | 258.25 | 241.55 | 0.814 times |
| 16 Mon May 2022 | 243.75 | 250.90 | 252.90 | 236.60 | 0.785 times |
| 13 Fri May 2022 | 247.50 | 228.50 | 259.80 | 227.25 | 2.909 times |
| 12 Thu May 2022 | 216.50 | 225.00 | 229.55 | 212.50 | 1.028 times |
| 11 Wed May 2022 | 230.05 | 242.80 | 245.65 | 220.40 | 1.199 times |
| 10 Tue May 2022 | 239.30 | 254.50 | 261.05 | 236.20 | 0.429 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 234.6 as stoploss in an intra day buy trade for a target of 267.54. However, stock will show a bearish move below 234.6.
Share price targets for Magma Fin (MagmaFin)
| Target Type | Value |
| Downside Target | 212.50 |
| Downside Target | 235.70 |
| Upside Target | 246.50 |
| Upside Target | 262.00 |
| Upside Target | 268.00 |
| Upside Target | 278.20 |
| Upside Target | 288.45 |
| Upside Target | 302.70 |
| Upside Target | 305.10 |
| Upside Target | 306.70 |
| Upside Target | 329.20 |
| Upside Target | 343.75 |
Intraday share price targets for Magma Fin (MagmaFin)
| Target Type | Value |
| Downside Intraday Target | 233.63 |
| Downside Intraday Target | 229.67 |
| Upside Intraday Target | 244.03 |
| Upside Intraday Target | 250.47 |
| Upside Intraday Target | 240.07 |
Weekly technical analysis of Magma Fin (MagmaFin)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 237.60 | 245.00 | 246.50 | 236.10 | 0.102 times |
| 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 |
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 |
| 23 Mon May 2022 | 237.60 | 302.05 | 306.70 | 212.50 | 0.757 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, 31, 26 | Sell |
| MACD | -20, -17 | Sell |
| Stochastics | 50 | None |
| CCI | -17 | Sell |
| RSI | 53 | Buy |
| OBV | -2654998 | Sell |
| VWAP | 241 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 gaining 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 tired and bears 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
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 241.21 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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