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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 2023-03-21 View latest technical analysis

10 day averaged volume of Magma Fin is 84676

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Mar 2023	281.05	277.10	282.45	277.10	0.752 times
20 Mon Mar 2023	275.95	287.40	287.40	274.55	1.12 times
17 Fri Mar 2023	287.40	284.00	288.50	283.90	0.846 times
16 Thu Mar 2023	281.25	278.05	283.50	275.00	0.593 times
15 Wed Mar 2023	278.75	286.10	287.60	275.00	1.018 times
14 Tue Mar 2023	282.35	287.00	289.00	281.50	0.665 times
13 Mon Mar 2023	285.60	295.00	296.15	285.00	0.854 times
10 Fri Mar 2023	295.30	297.90	302.30	293.95	2.001 times
09 Thu Mar 2023	298.30	295.25	300.00	294.00	1.041 times
08 Wed Mar 2023	294.50	294.85	296.00	293.00	0.89 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 282.6, but if it comes above 282.6, then a intra day buy could be more profitable.
If you take a sell trade below 282.6, then use 282.6 as stoploss and 273.2 as target. However if you take a buy trade in stock , then use 282.6 as stoploss and 290.51 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type	Value
Downside Target	243.75
Downside Target	274.55
Downside Target	281.00
Upside Target	302.30
Upside Target	304.00
Upside Target	310.40
Upside Target	314.50
Upside Target	319.55
Upside Target	323.30
Upside Target	325.70

Intraday share price targets for Magma Fin (MagmaFin)

Target Type	Value
Downside Intraday Target	274.6
Downside Intraday Target	268.15
Upside Intraday Target	287.45
Upside Intraday Target	293.85
Downside Intraday Target	281

Weekly technical analysis of Magma Fin (MagmaFin)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Mar 2023	281.05	287.40	287.40	274.55	0.471 times
17 Fri Mar 2023	287.40	295.00	296.15	275.00	0.81 times
10 Fri Mar 2023	295.30	290.20	302.30	290.20	1.163 times
03 Fri Mar 2023	291.55	294.90	296.30	286.70	0.612 times
24 Fri Feb 2023	294.80	315.00	319.55	293.45	0.508 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
21 Tue Mar 2023	281.05	289.05	302.30	274.55	0.424 times
28 Tue Feb 2023	288.90	302.80	323.30	281.00	0.899 times
31 Tue Jan 2023	297.25	307.95	310.40	281.80	0.467 times
30 Fri Dec 2022	308.20	313.20	314.50	243.75	2.551 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)

Price action analysis of Magma Fin ( (MagmaFin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magma Fin in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 287.25 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.