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(MAGADSUGAR) Magadh Sugar complete technical analysis [charts+indicators] | Buy/Sell Magadh Sugar | (MAGADSUGAR) share price targets

Complete technical analysis of Magadh Sugar (MAGADSUGAR) by charts plus indicators, forecast predictions and share price targets for Magadh Sugar (MAGADSUGAR)

Showing technical analysis as on 2024-12-16 View latest technical analysis

10 day averaged volume of Magadh Sugar is 7184

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	715.00	699.80	722.20	699.75	1.093 times
13 Fri Dec 2024	696.15	712.70	715.25	690.20	1.129 times
12 Thu Dec 2024	711.20	724.10	724.45	708.05	0.686 times
11 Wed Dec 2024	720.30	732.00	746.20	717.05	1.358 times
10 Tue Dec 2024	724.25	725.75	742.85	714.55	2.044 times
09 Mon Dec 2024	720.95	728.10	735.00	716.30	0.823 times
06 Fri Dec 2024	728.10	718.50	730.00	711.70	0.924 times
05 Thu Dec 2024	712.80	724.55	730.95	709.05	0.826 times
04 Wed Dec 2024	723.60	720.50	733.00	720.50	0.379 times
03 Tue Dec 2024	722.45	732.20	741.70	717.00	0.914 times

My analysis of stock is bullish for shortterm, and stock might move up till 732.3 or till 769.8. Use a stoploss of 701.01 and if this stock hits its stoploss, then it can fall down till 669.72

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	630.00
Downside Target	655.00
Downside Target	671.90
Upside Target	742.15
Upside Target	746.20
Upside Target	763.00
Upside Target	814.00
Upside Target	935.00
Upside Target	989.00
Upside Target	1010.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	702.43
Downside Intraday Target	689.87
Upside Intraday Target	724.88
Upside Intraday Target	734.77
Downside Intraday Target	712.32

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	715.00	699.80	722.20	699.75	0.181 times
13 Fri Dec 2024	696.15	728.10	746.20	690.20	1.525 times
06 Fri Dec 2024	728.10	731.45	742.15	709.05	0.456 times
29 Fri Nov 2024	732.30	655.00	736.60	655.00	1.534 times
22 Fri Nov 2024	648.75	655.00	671.90	630.00	0.8 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 Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	715.00	731.45	746.20	690.20	0.349 times
29 Fri Nov 2024	732.30	729.90	763.00	630.00	0.386 times
31 Thu Oct 2024	724.85	915.10	935.00	683.90	0.343 times
30 Mon Sep 2024	912.20	907.90	1010.00	814.00	0.771 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 Magadh Sugar (MAGADSUGAR)

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) based on a short to mid 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 Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magadh Sugar in short term but the buy signal is initial and weak.

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

Magadh Sugar 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Magadh Sugar in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Magadh Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 717.7 and Magadh Sugar (MAGADSUGAR) 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 Magadh Sugar (MAGADSUGAR) stock. Volume based technical analysis of Magadh Sugar (MAGADSUGAR) stock is negative.

Magadh Sugar 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.