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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 2024-09-23 View latest technical analysis

10 day averaged volume of Magma Fin is 112966

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	400.75	407.95	409.60	399.65	0.401 times
20 Fri Sep 2024	405.05	396.55	405.60	393.75	0.523 times
19 Thu Sep 2024	397.20	399.65	403.40	390.20	1.308 times
18 Wed Sep 2024	396.35	402.65	406.45	394.25	0.412 times
17 Tue Sep 2024	400.05	395.15	403.00	389.40	1.375 times
16 Mon Sep 2024	394.00	404.15	405.75	392.85	0.908 times
13 Fri Sep 2024	400.60	397.45	405.65	395.90	0.448 times
12 Thu Sep 2024	396.70	395.40	403.90	393.60	1.025 times
11 Wed Sep 2024	393.75	394.95	401.00	391.40	2.176 times
10 Tue Sep 2024	392.55	380.10	395.00	380.10	1.256 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 400.3, but if it comes below 400.3, then a intra day sell could be more profitable.
If you take a sell trade below 400.3, then use 400.3 as stoploss and 393.62 as target. However if you take a buy trade in stock , then use 400.3 as stoploss and 408.4 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type	Value
Downside Target	340.00
Downside Target	364.00
Downside Target	373.80
Upside Target	409.60
Upside Target	413.50
Upside Target	436.65
Upside Target	440.75
Upside Target	472.00
Upside Target	496.40

Intraday share price targets for Magma Fin (MagmaFin)

Target Type	Value
Downside Intraday Target	397.07
Downside Intraday Target	393.38
Upside Intraday Target	407.02
Upside Intraday Target	413.28
Upside Intraday Target	403.33

Weekly technical analysis of Magma Fin (MagmaFin)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	400.75	407.95	409.60	399.65	0.089 times
20 Fri Sep 2024	405.05	404.15	406.45	389.40	0.827 times
13 Fri Sep 2024	400.60	387.35	405.65	373.80	0.278 times
06 Fri Sep 2024	385.20	389.65	394.75	380.05	5.804 times
30 Fri Aug 2024	387.40	402.85	413.50	387.00	0.212 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 Sep 2024	400.75	389.65	409.60	373.80	0.873 times
30 Fri Aug 2024	387.40	370.00	413.50	340.00	0.714 times
31 Wed Jul 2024	369.20	415.65	436.65	364.00	1.544 times
28 Fri Jun 2024	409.05	464.05	472.00	397.80	2.261 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)

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 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 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 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 BUY. Signal strength is Weak 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 coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 396.57 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.