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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 2024-09-16 View latest technical analysis

10 day averaged volume of Magadh Sugar is 47644

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	872.95	864.25	877.00	850.40	0.706 times
13 Fri Sep 2024	847.05	852.10	857.65	844.20	0.174 times
12 Thu Sep 2024	850.80	840.95	864.30	831.10	0.523 times
11 Wed Sep 2024	840.90	860.20	883.30	838.00	0.397 times
10 Tue Sep 2024	863.35	867.00	876.80	857.00	0.389 times
09 Mon Sep 2024	862.40	842.65	880.00	814.00	1.051 times
06 Fri Sep 2024	838.80	868.95	875.60	832.70	0.739 times
05 Thu Sep 2024	864.60	899.95	908.35	861.00	0.866 times
04 Wed Sep 2024	895.40	895.05	918.00	888.50	0.899 times
03 Tue Sep 2024	904.70	906.30	922.00	900.05	2.622 times

My analysis of stock is bullish for shortterm, and stock might move up till 887.5 or till 921.5. Use a stoploss of 859.09 and if this stock hits its stoploss, then it can fall down till 830.72

Share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Target	580.05
Downside Target	615.50
Downside Target	721.55
Downside Target	800.55
Downside Target	832.70
Upside Target	877.00
Upside Target	883.30
Upside Target	894.00
Upside Target	929.95
Upside Target	989.00

Intraday share price targets for Magadh Sugar (MAGADSUGAR)

Target Type	Value
Downside Intraday Target	856.57
Downside Intraday Target	840.18
Upside Intraday Target	883.17
Upside Intraday Target	893.38
Downside Intraday Target	866.78

Weekly technical analysis of Magadh Sugar (MAGADSUGAR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	872.95	864.25	877.00	850.40	0.279 times
13 Fri Sep 2024	847.05	842.65	883.30	814.00	0.339 times
06 Fri Sep 2024	838.80	907.90	929.95	832.70	0.245 times
30 Fri Aug 2024	903.85	847.70	989.00	800.55	2.704 times
23 Fri Aug 2024	847.70	752.30	894.00	744.05	4.832 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 Sep 2024	872.95	907.90	929.95	814.00	0.228 times
30 Fri Aug 2024	903.85	804.25	989.00	721.55	2.419 times
31 Wed Jul 2024	792.35	759.70	854.90	741.60	0.669 times
28 Fri Jun 2024	759.70	658.00	848.90	580.05	3.246 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar ( (MAGADSUGAR) ) 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 Magadh Sugar stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Magadh Sugar in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling 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 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 876.22 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.