Is Magnum Ventures Limited stock a buy or sell right now?

Magnum Ventures Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Magnum Ventures Limited’s RSI?

RSI is 52.57, showing balanced momentum within the normal range.

What does MACD indicate for MAGNUM.BO?

MACD at 0.22 signals bullish momentum with buyers in control.

What are Magnum Ventures Limited’s key support and resistance levels?

Support sits around $20.68, while resistance is near $23.80.

Magnum Ventures Limited

MAGNUM.BO•BSE

Basic Materials

Paper, Lumber & Forest Products

₹21.92

₹-0.68(-3.01%)

Indian Market opens in 6h 22m

Magnum Ventures Limited (MAGNUM.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Magnum Ventures Limited (BSE:MAGNUM.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MAGNUM.BO Technical Analysis Summary

Magnum Ventures Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 52.57)

Trend Strength:Weak (ADX: 10.70)

Volatility:High (ATR: 1.20)

Support/Resistance:$20.68 – $23.80 (Bollinger Bands)

Technical conditions suggest Magnum Ventures Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.57

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 48.90

Neutral

Mid-range signal with no clear trend.

Williams %R: -45.85

Neutral

Balanced market without strong signals.

Rate of Change (ROC): 5.21

Strongly Bullish

Strong upside momentum.

Takeaway:Magnum Ventures Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.22

Bullish

Bullish, trend momentum is strengthening.

ADX: 10.70

Weak

Weak trend, market trading sideways.

ATR (14): 1.20

Low

Low volatility, stable price action.

CCI (14): -21.49

Bearish

Bearish, momentum remains under pressure.

Takeaway:Magnum Ventures Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$23.80

Middle Band (SMA 20)

$22.24

Lower Band

$20.68

Current Position

Within Bands

Takeaway:Magnum Ventures Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$24.77

Middle Line (EMA 20)

$22.38

Lower Channel

$19.98

Squeeze Status

Squeeze On

Takeaway:Magnum Ventures Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume-69.09K

Money Flow Index77.88Bullish, inflows support continued momentum.

Relative Vigor Index57.24Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MAGNUM.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary

Based on the current technical analysis of Magnum Ventures Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Magnum Ventures Limited are mixed, suggesting a Hold or wait-and-see approach.