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(MargoFin) Margo Fin complete technical analysis [charts+indicators] | Buy/Sell Margo Fin | (MargoFin) share price targets

Complete technical analysis of Margo Fin (MargoFin) by charts plus indicators, forecast predictions and share price targets for Margo Fin (MargoFin)

10 day averaged volume of Margo Fin is 1893

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 24.65 26.80 26.80 23.90 1.416 times
05 Mon Dec 2022 23.75 24.50 27.85 23.00 5.72 times
02 Fri Dec 2022 25.60 27.95 27.95 24.05 1.465 times
01 Thu Dec 2022 25.70 24.45 27.50 24.45 0.329 times
30 Wed Nov 2022 26.05 25.80 26.90 25.80 0.213 times
29 Tue Nov 2022 25.65 23.65 27.45 23.65 0.243 times
28 Mon Nov 2022 26.00 23.60 28.45 23.60 0.882 times
25 Fri Nov 2022 24.75 23.30 27.95 23.30 0.015 times
24 Thu Nov 2022 25.20 27.30 27.80 24.85 0.122 times
23 Wed Nov 2022 26.75 23.65 26.80 23.65 0.734 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.6 as stoploss in an intra day buy trade for a target of 25.93. However, stock will show a bearish move below 24.6.

Share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Target 21.25
Downside Target 22.70
Upside Target 25.60
Upside Target 26.70
Upside Target 27.85
Upside Target 27.95
Upside Target 28.45
Upside Target 28.85
Upside Target 29.35
Upside Target 29.65

Intraday share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Intraday Target 22.48
Downside Intraday Target 20.32
Upside Intraday Target 27.33
Upside Intraday Target 30.02
Upside Intraday Target 25.17

Weekly technical analysis of Margo Fin (MargoFin)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 24.65 24.50 27.85 23.00 2.279 times
02 Fri Dec 2022 25.60 23.60 28.45 23.60 2.145 times
25 Fri Nov 2022 24.75 24.40 27.95 23.30 0.515 times
18 Fri Nov 2022 25.80 27.45 29.65 25.60 0.29 times
11 Fri Nov 2022 27.00 22.85 29.35 22.85 3.871 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Margo Fin (MargoFin)

Date Monthly Closing Price Open High Low Volume
06 Tue Dec 2022 24.65 24.45 27.95 23.00 0.516 times
30 Wed Nov 2022 26.05 22.85 29.65 21.55 2.037 times
31 Mon Oct 2022 24.05 24.05 26.70 21.90 0.427 times
30 Fri Sep 2022 26.35 24.65 29.65 21.25 0.931 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 Margo Fin (MargoFin)

Indicator Name Indicator Value Indicator Signal
ADX 9, 11, 13 Sell
MACD 0, 0Sell
Stochastics 30Sell
CCI -104Buy
RSI 57Buy
OBV -11195Sell
VWAP 25Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Margo Fin ( (MargoFin) ) based on a short 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 Margo Fin ( (MargoFin) ) based on a short 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 Margo Fin ( (MargoFin) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Margo Fin ( (MargoFin) ) based on a mid to longer term time period is

ADX buy sell signal for Margo Fin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Margo Fin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Margo Fin in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Margo Fin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.64 and Margo Fin (MargoFin) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Margo Fin (MargoFin) stock. Volume based technical analysis of Margo Fin (MargoFin) stock is negative.

Margo Fin 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.

Click here for Margo Fin charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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