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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 2024-10-16 View latest technical analysis

10 day averaged volume of Magma Fin is 109970

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	380.60	380.00	385.60	379.50	0.168 times
15 Tue Oct 2024	379.80	380.00	381.20	377.85	0.282 times
14 Mon Oct 2024	380.25	380.10	383.05	378.60	0.414 times
11 Fri Oct 2024	380.70	385.75	388.25	380.00	0.479 times
10 Thu Oct 2024	388.20	397.80	397.80	386.20	0.578 times
09 Wed Oct 2024	390.15	378.45	391.50	377.00	0.925 times
08 Tue Oct 2024	374.30	375.05	381.30	372.15	0.574 times
07 Mon Oct 2024	379.60	399.90	400.00	378.00	1.707 times
03 Thu Oct 2024	393.15	393.05	399.40	388.90	1.454 times
01 Tue Oct 2024	400.95	392.05	407.35	392.05	1.723 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 382.7, but if it comes above 382.7, then a intra day buy could be more profitable.
If you take a sell trade below 382.7, then use 382.7 as stoploss and 371.5 as target. However if you take a buy trade in stock , then use 382.7 as stoploss and 392 as target.

Share price targets for Magma Fin (MagmaFin)

Target Type	Value
Downside Target	340.00
Downside Target	364.00
Downside Target	372.15
Upside Target	385.60
Upside Target	406.45
Upside Target	407.35
Upside Target	409.60
Upside Target	413.50
Upside Target	436.65
Upside Target	472.00

Intraday share price targets for Magma Fin (MagmaFin)

Target Type	Value
Downside Intraday Target	377.1
Downside Intraday Target	373.6
Upside Intraday Target	384.85
Upside Intraday Target	389.1
Upside Intraday Target	381.35

Weekly technical analysis of Magma Fin (MagmaFin)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	380.60	380.10	385.60	377.85	0.203 times
11 Fri Oct 2024	380.70	399.90	400.00	372.15	0.846 times
03 Thu Oct 2024	393.15	399.65	407.35	388.90	1.131 times
27 Fri Sep 2024	395.85	407.95	409.60	391.00	0.959 times
20 Fri Sep 2024	405.05	404.15	406.45	389.40	0.827 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
16 Wed Oct 2024	380.60	392.05	407.35	372.15	0.226 times
30 Mon Sep 2024	394.95	389.65	409.60	373.80	1.04 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

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 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 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 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 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 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.

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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 387.93 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.