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

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

Showing technical analysis as on 2023-11-10 View latest technical analysis

10 day averaged volume of Magnum Ventures is 43332

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Nov 2023	51.30	49.80	52.00	49.80	0.888 times
09 Thu Nov 2023	49.85	50.85	51.80	49.05	0.484 times
08 Wed Nov 2023	50.25	50.40	52.00	48.95	0.815 times
07 Tue Nov 2023	50.40	51.90	52.25	49.30	0.752 times
06 Mon Nov 2023	49.85	52.30	52.30	49.10	1.194 times
03 Fri Nov 2023	50.25	50.25	51.90	48.70	0.837 times
02 Thu Nov 2023	49.70	48.50	50.25	47.50	1.074 times
01 Wed Nov 2023	48.35	48.05	51.00	47.40	0.996 times
31 Tue Oct 2023	49.15	49.95	52.45	48.00	1.356 times
30 Mon Oct 2023	50.00	51.70	51.75	48.60	1.007 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 52.1 as stoploss in an intra day sell trade for a target of 49. However, stock will show a bullish move above 52.1.

Share price targets for Magnum Ventures (MAGNUM_BE)

Target Type	Value
Downside Target	31.50
Downside Target	32.45
Downside Target	37.25
Downside Target	40.50
Downside Target	43.40
Downside Target	47.40
Downside Target	48.75
Upside Target	51.45
Upside Target	52.30
Upside Target	52.45
Upside Target	56.70

Intraday share price targets for Magnum Ventures (MAGNUM_BE)

Target Type	Value
Downside Intraday Target	49.4
Downside Intraday Target	47.5
Upside Intraday Target	52.75
Upside Intraday Target	54.2
Downside Intraday Target	50.85

Weekly technical analysis of Magnum Ventures (MAGNUM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Nov 2023	51.30	52.30	52.30	48.95	0.784 times
03 Fri Nov 2023	50.25	51.70	52.45	47.40	0.417 times
27 Fri Oct 2023	49.45	54.00	56.70	48.75	0.736 times
20 Fri Oct 2023	51.45	40.80	51.45	40.50	3.367 times
13 Fri Oct 2023	40.80	39.00	41.00	37.75	2.911 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 Magnum Ventures (MAGNUM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri Nov 2023	51.30	48.05	52.30	47.40	0.181 times
31 Tue Oct 2023	49.15	40.85	56.70	37.75	1.217 times
29 Fri Sep 2023	39.85	40.00	41.80	37.25	1.25 times
31 Thu Aug 2023	40.15	33.75	43.40	32.45	0.984 times

Scroll below to view daily charts

Price has moved up 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_BE)

Price action analysis of Magnum Ventures ( (MAGNUM_BE) ) 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 Magnum Ventures ( (MAGNUM_BE) ) based on a short 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_BE) ) based on a short to mid 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 Magnum Ventures ( (MAGNUM_BE) ) 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 Magnum Ventures stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 stronger in this stock.

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 Magnum Ventures in short term and BUY signal is strong.

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 49.84 and Magnum Ventures (MAGNUM_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Magnum Ventures (MAGNUM_BE) stock. Volume based technical analysis of Magnum Ventures (MAGNUM_BE) 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.