Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MAGMA_N6) Sec Red complete technical analysis [charts+indicators] | Buy/Sell Sec Red | (MAGMA_N6) share price targets

Complete technical analysis of Sec Red (MAGMA_N6) by charts plus indicators, forecast predictions and share price targets for Sec Red (MAGMA_N6)

10 day averaged volume of Sec Red is 22

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Jul 2021	1017.56	1055.00	1055.00	1010.00	2.955 times
07 Wed Jul 2021	1060.00	1060.00	1060.00	1060.00	1.591 times
25 Fri Jun 2021	1085.00	1095.00	1095.00	1085.00	0.682 times
18 Fri Jun 2021	1098.00	1099.00	1099.00	1098.00	0.273 times
17 Thu Jun 2021	1099.00	1099.00	1099.00	1099.00	0.182 times
11 Fri Jun 2021	1098.99	1098.99	1098.99	1098.99	0.727 times
08 Tue Jun 2021	1173.49	1198.95	1198.95	1020.02	4.318 times
01 Tue Jun 2021	1050.00	1050.00	1050.00	1050.00	0.455 times
28 Fri May 2021	1050.00	1050.00	1050.00	1050.00	1.273 times
26 Wed May 2021	1050.00	1050.00	1050.00	1050.00	0.409 times

Stock of Sec Red (MAGMA_N6) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1049.2, but if it comes above 1049.2, then a intra day buy could be more profitable.
If you take a sell trade below 1049.2, then use 1049.2 as stoploss and 988.2 as target. However if you take a buy trade in stock , then use 1049.2 as stoploss and 1099.95 as target.

Share price targets for Sec Red (MAGMA_N6)

Target Type	Value
Downside Target	1010.00
Upside Target	1050.00
Upside Target	1085.00
Upside Target	1098.00
Upside Target	1098.99
Upside Target	1099.00
Upside Target	1099.99
Upside Target	1149.00
Upside Target	1198.95
Upside Target	1199.00

Intraday share price targets for Sec Red (MAGMA_N6)

Target Type	Value
Downside Intraday Target	998.37
Downside Intraday Target	979.19
Upside Intraday Target	1048.37
Upside Intraday Target	1079.19
Upside Intraday Target	1029.19

Weekly technical analysis of Sec Red (MAGMA_N6)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Jul 2021	1017.56	1060.00	1060.00	1010.00	6.667 times
25 Fri Jun 2021	1085.00	1095.00	1095.00	1085.00	1.5 times
18 Fri Jun 2021	1098.00	1099.00	1099.00	1098.00	0.09 times
11 Fri Jun 2021	1098.99	1198.95	1198.95	1020.02	11.1 times
01 Tue Jun 2021	1050.00	1050.00	1050.00	1050.00	0.27 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sec Red (MAGMA_N6)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Thu Jul 2021	1017.56	1060.00	1060.00	1010.00	0.685 times
25 Fri Jun 2021	1085.00	1050.00	1198.95	1020.02	2.086 times
28 Fri May 2021	1050.00	1149.00	1199.00	1050.00	5 times
28 Wed Apr 2021	1149.00	1098.99	1149.00	1098.99	0.7 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 Sec Red (MAGMA_N6)

Price action analysis of Sec Red ( (MAGMA_N6) ) 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 Sec Red ( (MAGMA_N6) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sec Red ( (MAGMA_N6) ) 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 Sec Red ( (MAGMA_N6) ) based on a mid to longer 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.

ADX buy sell signal for Sec Red stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sec Red in short term but the sell signal is initial and weak.

Sec Red 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 coming down

CCI has generated a SELL signal for Sec Red in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sec Red is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1091.58 and Sec Red (MAGMA_N6) 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 Sec Red (MAGMA_N6) stock. Volume based technical analysis of Sec Red (MAGMA_N6) stock is negative.

Sec Red Stock has given negative 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.