(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)
10 day averaged volume of Magnum Ventures is 232740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 60.90 | 60.30 | 61.85 | 60.30 | 0.372 times |
| 16 Thu May 2024 | 61.05 | 62.95 | 62.95 | 61.00 | 0.609 times |
| 15 Wed May 2024 | 61.45 | 61.30 | 61.75 | 60.80 | 0.498 times |
| 14 Tue May 2024 | 61.30 | 62.75 | 62.75 | 60.85 | 0.628 times |
| 13 Mon May 2024 | 61.20 | 62.15 | 62.15 | 58.90 | 1.003 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 61.8 as stoploss in an intra day sell trade for a target of 59.57. However, stock will show a bullish move above 61.8.
Share price targets for Magnum Ventures (MAGNUM)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 44.55 |
| Downside Target | 48.10 |
| Downside Target | 50.60 |
| Downside Target | 53.30 |
| Downside Target | 55.40 |
| Downside Target | 57.50 |
| Upside Target | 62.25 |
| Upside Target | 62.95 |
| Upside Target | 64.00 |
| Upside Target | 71.90 |
| Upside Target | 81.60 |
Intraday share price targets for Magnum Ventures (MAGNUM)
| Target Type | Value |
| Downside Intraday Target | 58.88 |
| Downside Intraday Target | 56.87 |
| Upside Intraday Target | 62.93 |
| Upside Intraday Target | 64.97 |
| Upside Intraday Target | 60.92 |
Weekly technical analysis of Magnum Ventures (MAGNUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 60.90 | 62.15 | 62.95 | 58.90 | 0.452 times |
| 10 Fri May 2024 | 59.85 | 61.50 | 64.00 | 57.50 | 1.43 times |
| 03 Fri May 2024 | 61.30 | 60.35 | 62.05 | 56.05 | 0.701 times |
| 26 Fri Apr 2024 | 59.25 | 54.90 | 60.00 | 53.30 | 2.889 times |
| 19 Fri Apr 2024 | 53.40 | 51.00 | 55.40 | 50.60 | 0.666 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)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 60.90 | 59.90 | 64.00 | 57.50 | 0.671 times |
| 30 Tue Apr 2024 | 58.70 | 45.10 | 61.00 | 44.55 | 0.945 times |
| 28 Thu Mar 2024 | 44.15 | 60.15 | 62.25 | 42.00 | 1.216 times |
| 29 Thu Feb 2024 | 61.55 | 69.45 | 71.90 | 58.05 | 0.5 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 16, 15 | Buy |
| MACD | 3, 3 | Sell |
| Stochastics | 56 | None |
| CCI | 0 | Sell |
| RSI | 56 | Buy |
| OBV | 1006475 | Sell |
| VWAP | 61 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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
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 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 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 61.12 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 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.
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