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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)

Showing technical analysis as on 2021-12-27 View latest technical analysis

10 day averaged volume of Margo Fin is 2792

Date Daily Closing Price Open High Low Volume
27 Mon Dec 2021 24.50 25.75 25.75 24.50 0.808 times
24 Fri Dec 2021 25.75 26.00 26.00 24.70 0.633 times
23 Thu Dec 2021 25.95 27.30 28.50 25.95 0.116 times
22 Wed Dec 2021 27.30 25.50 27.30 24.70 0.361 times
21 Tue Dec 2021 26.00 26.75 26.75 26.00 0.471 times
20 Mon Dec 2021 27.35 27.35 27.60 27.35 0.193 times
17 Fri Dec 2021 28.75 28.80 31.70 28.75 0.499 times
16 Thu Dec 2021 30.25 31.80 33.35 30.25 1.369 times
15 Wed Dec 2021 31.80 31.40 31.80 28.80 1.458 times
14 Tue Dec 2021 30.30 31.10 31.10 27.00 3.274 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 23.5 as stoploss in an intra day buy trade for a target of 26.15. However, stock will show a bearish move below 23.5.

Share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Target 20.45
Downside Target 22.60
Downside Target 24.50
Upside Target 25.35
Upside Target 26.85
Upside Target 27.30
Upside Target 28.50
Upside Target 29.00
Upside Target 30.00
Upside Target 33.35
Upside Target 39.30

Intraday share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Intraday Target 24.08
Downside Intraday Target 23.67
Upside Intraday Target 25.33
Upside Intraday Target 26.17
Upside Intraday Target 24.92

Weekly technical analysis of Margo Fin (MargoFin)

Date Weekly Closing Price Open High Low Volume
27 Mon Dec 2021 24.50 25.75 25.75 24.50 0.455 times
24 Fri Dec 2021 25.75 27.35 28.50 24.70 0.216 times
17 Fri Dec 2021 28.75 27.85 33.35 24.50 1.318 times
10 Fri Dec 2021 27.20 22.60 27.30 20.70 4.741 times
03 Fri Dec 2021 22.60 25.35 25.35 22.60 1.351 times

Price has moved down 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 Margo Fin (MargoFin)

Date Monthly Closing Price Open High Low Volume
27 Mon Dec 2021 24.50 24.10 33.35 20.70 2.973 times
30 Tue Nov 2021 25.35 23.00 26.85 20.80 0.68 times
29 Fri Oct 2021 23.00 24.00 30.00 21.10 0.591 times
30 Thu Sep 2021 24.50 23.05 29.00 21.35 0.445 times

Scroll below to view daily charts

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

Indicators analysis of Margo Fin (MargoFin)

Indicator Name Indicator Value Indicator Signal
ADX 22, 29, 15 Sell
MACD 1, 1Sell
Stochastics 16Sell
CCI -100Sell
RSI 55Buy
OBV 16005Sell
VWAP 29Sell
ADL 0Sell
ROC -13Sell
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 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 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 Margo Fin ( (MargoFin) ) 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 Margo Fin stock for short term is SELL. Signal strength is Weak and stock is gaining 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Margo Fin in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.17 and Margo Fin (MargoFin) 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 Margo Fin (MargoFin) stock. Volume based technical analysis of Margo Fin (MargoFin) stock is negative.

Margo Fin 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.

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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