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 2022-08-02 View latest technical analysis

10 day averaged volume of Magma Fin is 273125

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 285.55 285.00 290.00 282.25 1.61 times
01 Mon Aug 2022 284.65 268.10 286.65 266.50 2.296 times
29 Fri Jul 2022 266.85 272.30 272.40 265.10 0.573 times
28 Thu Jul 2022 268.30 277.50 279.80 266.25 1.335 times
27 Wed Jul 2022 271.95 263.00 274.40 261.95 1.227 times
26 Tue Jul 2022 262.75 265.00 267.80 260.65 0.667 times
25 Mon Jul 2022 263.05 268.90 269.80 261.70 0.499 times
22 Fri Jul 2022 269.80 270.00 272.50 266.45 0.363 times
21 Thu Jul 2022 269.45 268.00 272.40 264.40 0.841 times
20 Wed Jul 2022 266.85 279.45 280.25 265.60 1.124 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 275.2, but if it comes below 275.2, then a intra day sell could be more profitable.
If you take a sell trade below 275.2, then use 275.2 as stoploss and 261.11 as target. However if you take a buy trade in stock , then use 275.2 as stoploss and 292.1 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Target 209.15
Downside Target 224.05
Downside Target 235.20
Downside Target 248.80
Downside Target 257.35
Downside Target 266.50
Downside Target 279.80
Downside Target 280.25
Upside Target 290.00
Upside Target 306.70
Upside Target 343.75

Intraday share price targets for Magma Fin (MagmaFin)

Target Type Value
Downside Intraday Target 271.37
Downside Intraday Target 257.18
Upside Intraday Target 294.87
Upside Intraday Target 304.18
Downside Intraday Target 280.68

Weekly technical analysis of Magma Fin (MagmaFin)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 285.55 268.10 290.00 266.50 0.908 times
29 Fri Jul 2022 266.85 268.90 279.80 260.65 0.981 times
22 Fri Jul 2022 269.80 253.20 280.25 248.80 1.795 times
15 Fri Jul 2022 248.35 252.85 257.95 235.20 0.491 times
08 Fri Jul 2022 254.10 233.00 257.35 227.10 0.276 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
02 Tue Aug 2022 285.55 268.10 290.00 266.50 0.238 times
29 Fri Jul 2022 266.85 229.50 280.25 224.05 0.236 times
30 Thu Jun 2022 227.50 261.00 269.00 209.15 2.065 times
31 Tue May 2022 259.35 302.05 306.70 212.50 0.989 times

Scroll below to view daily charts

Price has moved up 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 37, 10, 56 Buy
MACD 15, 12Buy
Stochastics 78Buy
CCI 213Buy
RSI 58Buy
OBV 1762654Sell
VWAP 274Buy
ADL 0Sell
ROC 4Buy
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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Magma Fin in short term and the buy signal is strong.

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

Magma Fin Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 274.23 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 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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