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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 2022-05-25 View latest technical analysis

10 day averaged volume of Magma Fin is 507264

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 220.65 232.00 234.90 218.90 0.547 times
24 Tue May 2022 231.35 239.80 239.80 229.75 0.429 times
23 Mon May 2022 237.60 245.00 246.50 236.10 0.391 times
20 Fri May 2022 243.35 245.00 251.00 241.00 0.554 times
19 Thu May 2022 238.45 243.20 247.25 235.70 0.789 times
18 Wed May 2022 253.80 258.70 262.65 250.45 0.835 times
17 Tue May 2022 255.40 247.00 258.25 241.55 0.847 times
16 Mon May 2022 243.75 250.90 252.90 236.60 0.816 times
13 Fri May 2022 247.50 228.50 259.80 227.25 3.024 times
12 Thu May 2022 216.50 225.00 229.55 212.50 1.069 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 228.3, but if it comes above 228.3, then a intra day buy could be more profitable.
If you take a sell trade below 228.3, then use 228.3 as stoploss and 192.5 as target. However if you take a buy trade in stock , then use 228.3 as stoploss and 258.06 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 212.50
Upside 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 210.87
Downside Intraday Target 201.08
Upside Intraday Target 238.47
Upside Intraday Target 256.28
Upside Intraday Target 228.68

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 220.65 245.00 246.50 218.90 0.356 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
25 Wed May 2022 220.65 302.05 306.70 212.50 0.811 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 16, 37, 40 Sell
MACD -23, -19Sell
Stochastics 35None
CCI -120Sell
RSI 53Buy
OBV -3298515Sell
VWAP 241Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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. Bears 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 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 but buying is losing 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 241.14 and Magma Fin (MagmaFin) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

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Daily charts

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Daily chart

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