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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 2024-12-19 View latest technical analysis

10 day averaged volume of Magadh Sugar is 7685

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	687.65	670.50	698.15	651.55	0.686 times
18 Wed Dec 2024	684.65	714.05	714.05	681.30	0.982 times
17 Tue Dec 2024	711.25	718.80	718.80	702.60	0.715 times
16 Mon Dec 2024	715.00	699.80	722.20	699.75	1.022 times
13 Fri Dec 2024	696.15	712.70	715.25	690.20	1.055 times
12 Thu Dec 2024	711.20	724.10	724.45	708.05	0.642 times
11 Wed Dec 2024	720.30	732.00	746.20	717.05	1.269 times
10 Tue Dec 2024	724.25	725.75	742.85	714.55	1.91 times
09 Mon Dec 2024	720.95	728.10	735.00	716.30	0.769 times
06 Fri Dec 2024	728.10	718.50	730.00	711.70	0.864 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 686.9 as stoploss in an intra day buy trade for a target of 708.49. However, stock will show a bearish move below 686.9.

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	630.00
Downside Target	651.55
Downside Target	671.90
Upside Target	709.05
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	652.07
Downside Intraday Target	616.48
Upside Intraday Target	722.72
Upside Intraday Target	757.78
Downside Intraday Target	687.13

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	687.65	699.80	722.20	651.55	0.603 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 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 Magadh Sugar (MAGADSUGAR)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	687.65	731.45	746.20	651.55	0.429 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Magadh Sugar in short term and the sell signal is strong.

Magadh Sugar 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 SELL signal for Magadh Sugar in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 711.65 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.