Advertisement

Ads Placeholder
Loading...

Magnum Ventures Limited

MAGNUM.BOBSE
Basic Materials
Paper, Lumber & Forest Products
20.88
3.88(22.82%)
Indian Market opens in 16h 43m

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 Bearish (RSI: 49.26)
Trend Strength:Moderate (ADX: 23.38)
Volatility:High (ATR: 1.55)
Support/Resistance:$16.03 – $21.88 (Bollinger Bands)

Overall, Magnum Ventures Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.26

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.15

Bearish
Momentum remains weak below midpoint.

Williams %R: -28.12

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -3.23

Bearish
Selling pressure outweighs buying.

Takeaway:Magnum Ventures Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.38

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.55

Low
Low volatility, stable price action.

CCI (14): 3.30

Neutral
Neutral, no strong directional signal.

Takeaway:Magnum Ventures Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.88
Middle Band (SMA 20)
$18.95
Lower Band
$16.03
Current Position
Within Bands

Takeaway:Magnum Ventures Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$21.98
Middle Line (EMA 20)
$18.88
Lower Channel
$15.77
Squeeze Status
Squeeze On

Takeaway:Magnum Ventures Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume154.22K
Money Flow Index73.97Bullish, inflows support continued momentum.
Relative Vigor Index50.91Neutral 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

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Magnum Ventures Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ