(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 2021-12-29 View latest technical analysis
10 day averaged volume of Margo Fin is 1744
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Dec 2021 | 26.60 | 26.50 | 26.95 | 26.50 | 0.536 times |
| 28 Tue Dec 2021 | 25.70 | 23.40 | 25.70 | 23.35 | 0.538 times |
| 27 Mon Dec 2021 | 24.50 | 25.75 | 25.75 | 24.50 | 1.294 times |
| 24 Fri Dec 2021 | 25.75 | 26.00 | 26.00 | 24.70 | 1.014 times |
| 23 Thu Dec 2021 | 25.95 | 27.30 | 28.50 | 25.95 | 0.185 times |
| 22 Wed Dec 2021 | 27.30 | 25.50 | 27.30 | 24.70 | 0.577 times |
| 21 Tue Dec 2021 | 26.00 | 26.75 | 26.75 | 26.00 | 0.755 times |
| 20 Mon Dec 2021 | 27.35 | 27.35 | 27.60 | 27.35 | 0.31 times |
| 17 Fri Dec 2021 | 28.75 | 28.80 | 31.70 | 28.75 | 0.799 times |
| 16 Thu Dec 2021 | 30.25 | 31.80 | 33.35 | 30.25 | 2.192 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.9 or till 32. Use a stoploss of 26.29 and if this stock hits its stoploss, then it can fall down till 23.7
Share price targets for Margo Fin (MargoFin)
| Target Type | Value |
| Downside Target | 20.45 |
| Downside Target | 22.60 |
| Downside Target | 23.35 |
| Downside Target | 24.50 |
| Downside 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 | 24.32 |
| Downside Intraday Target | 22.03 |
| Upside Intraday Target | 27.92 |
| Upside Intraday Target | 29.23 |
| Downside Intraday Target | 25.63 |
Weekly technical analysis of Margo Fin (MargoFin)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Dec 2021 | 26.60 | 25.75 | 26.95 | 23.35 | 0.833 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 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 Margo Fin (MargoFin)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Wed Dec 2021 | 26.60 | 24.10 | 33.35 | 20.70 | 3.081 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 up 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 | 24, 29, 10 | Sell |
| MACD | 1, 1 | Sell |
| Stochastics | 19 | Sell |
| CCI | -14 | Buy |
| RSI | 55 | Buy |
| OBV | 17885 | Sell |
| VWAP | 27 | Sell |
| ADL | 0 | Sell |
| ROC | -16 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Margo Fin ( (MargoFin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Margo Fin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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
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 27.3 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.
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