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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 2023-03-22 View latest technical analysis

10 day averaged volume of Magma Fin is 82799

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	285.20	280.05	287.80	280.05	0.749 times
21 Tue Mar 2023	281.05	277.10	282.45	277.10	0.769 times
20 Mon Mar 2023	275.95	287.40	287.40	274.55	1.146 times
17 Fri Mar 2023	287.40	284.00	288.50	283.90	0.865 times
16 Thu Mar 2023	281.25	278.05	283.50	275.00	0.606 times
15 Wed Mar 2023	278.75	286.10	287.60	275.00	1.041 times
14 Tue Mar 2023	282.35	287.00	289.00	281.50	0.68 times
13 Mon Mar 2023	285.60	295.00	296.15	285.00	0.873 times
10 Fri Mar 2023	295.30	297.90	302.30	293.95	2.046 times
09 Thu Mar 2023	298.30	295.25	300.00	294.00	1.064 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 282.6 as stoploss in an intra day buy trade for a target of 289.35. However, stock will show a bearish move below 282.6.

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	277.23
Downside Intraday Target	269.27
Upside Intraday Target	290.48
Upside Intraday Target	295.77
Downside Intraday Target	282.52

Weekly technical analysis of Magma Fin (MagmaFin)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	285.20	287.40	287.80	274.55	0.655 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
22 Wed Mar 2023	285.20	289.05	302.30	274.55	0.448 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Magma Fin in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and selling is picking up 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 286.42 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.