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(MAGNUM) Magnum Ventures complete technical analysis [charts+indicators] | Buy/Sell Magnum Ventures | (MAGNUM) share price targets

Complete technical analysis of Magnum Ventures (MAGNUM) by charts plus indicators, forecast predictions and share price targets for Magnum Ventures (MAGNUM)

Magnum Ventures trades in NSE in Paper & Paper Products sector.

10 day averaged volume of Magnum Ventures is 191869

Date Daily Closing Price Open High Low Volume
03 Wed Mar 2021 5.65 5.80 6.15 5.40 0.733 times
02 Tue Mar 2021 5.75 6.15 6.15 5.45 0.373 times
01 Mon Mar 2021 5.95 6.05 6.10 5.80 0.533 times
25 Thu Feb 2021 6.45 7.45 7.45 6.35 3.74 times
24 Wed Feb 2021 6.90 6.90 6.90 6.90 0.408 times
23 Tue Feb 2021 6.30 6.10 6.30 5.80 1.767 times
22 Mon Feb 2021 5.25 4.85 5.25 4.00 2.788 times
19 Fri Feb 2021 4.40 4.40 4.50 4.25 0.135 times
18 Thu Feb 2021 4.35 4.00 4.35 4.00 0.114 times
17 Wed Feb 2021 4.25 4.25 4.40 4.10 0.114 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.8 as stoploss in an intra day sell trade for a target of 4.94. However, stock will show a bullish move above 5.8.

Share price targets for Magnum Ventures (MAGNUM)

Target Type Value
Downside Target 3.90
Downside Target 4.00
Downside Target 4.10
Downside Target 4.40
Downside Target 4.50
Downside Target 4.95
Downside Target 5.10
Downside Target 5.30
Downside Target 5.40
Upside Target 6.15
Upside Target 7.45

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type Value
Downside Intraday Target 5.32
Downside Intraday Target 4.98
Upside Intraday Target 6.07
Upside Intraday Target 6.48
Upside Intraday Target 5.73

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date Weekly Closing Price Open High Low Volume
03 Wed Mar 2021 5.65 6.05 6.15 5.40 0.188 times
25 Thu Feb 2021 6.45 4.85 7.45 4.00 13.909 times
19 Fri Feb 2021 4.40 4.40 4.50 4.00 0.381 times
12 Fri Feb 2021 4.40 4.20 4.55 4.10 0.481 times
05 Fri Feb 2021 4.35 4.90 4.95 4.15 9.152 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 Magnum Ventures (MAGNUM)

Date Monthly Closing Price Open High Low Volume
03 Wed Mar 2021 5.65 6.05 6.15 5.40 0.114 times
25 Thu Feb 2021 6.45 4.90 7.45 4.00 4.461 times
29 Fri Jan 2021 4.80 4.90 5.10 4.40 0.98 times
31 Thu Dec 2020 4.85 4.90 5.30 4.40 3.931 times

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 Magnum Ventures (MAGNUM)

Indicator Name Indicator Value Indicator Signal
ADX 29, 28, 3 Buy
MACD 1, 0Buy
Stochastics 52None
CCI 19Sell
RSI 63Buy
OBV -524663Sell
VWAP 6Sell
ADL 0Sell
ROC 33Buy
Force Index 0Sell

Price action analysis of Magnum Ventures ( (MAGNUM) ) 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 Magnum Ventures ( (MAGNUM) ) 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 Magnum Ventures ( (MAGNUM) ) 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 Magnum Ventures ( (MAGNUM) ) 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 Magnum Ventures stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magnum Ventures in short term and the buy signal is strong.

Magnum Ventures Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magnum Ventures in short term but SELL 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 Magnum Ventures is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.95 and Magnum Ventures (MAGNUM) 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 Magnum Ventures (MAGNUM) stock. Volume based technical analysis of Magnum Ventures (MAGNUM) stock is negative.

Magnum Ventures 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.

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