(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 2022-01-03 View latest technical analysis
10 day averaged volume of Margo Fin is 1137
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jan 2022 | 30.00 | 30.50 | 30.55 | 27.65 | 6.805 times |
| 31 Fri Dec 2021 | 29.10 | 27.90 | 29.20 | 26.55 | 1.435 times |
| 30 Thu Dec 2021 | 27.90 | 27.90 | 27.90 | 27.85 | 0.578 times |
| 29 Wed Dec 2021 | 26.60 | 26.50 | 26.95 | 26.50 | 0.822 times |
| 28 Tue Dec 2021 | 25.70 | 23.40 | 25.70 | 23.35 | 0.825 times |
| 27 Mon Dec 2021 | 24.50 | 25.75 | 25.75 | 24.50 | 1.984 times |
| 24 Fri Dec 2021 | 25.75 | 26.00 | 26.00 | 24.70 | 1.555 times |
| 23 Thu Dec 2021 | 25.95 | 27.30 | 28.50 | 25.95 | 0.284 times |
| 22 Wed Dec 2021 | 27.30 | 25.50 | 27.30 | 24.70 | 0.886 times |
| 21 Tue Dec 2021 | 26.00 | 26.75 | 26.75 | 26.00 | 1.157 times |
Stock of Margo Fin (MargoFin) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.5, but if it comes below 29.5, then a intra day sell could be more profitable.
If you take a sell trade below 29.5, then use 29.5 as stoploss and 27.18 as target. However if you take a buy trade in stock , then use 29.5 as stoploss and 32.4 as target.
Share price targets for Margo Fin (MargoFin)
| Target Type | Value |
| Downside Target | 20.70 |
| Downside Target | 23.35 |
| Downside Target | 24.50 |
| Downside Target | 26.85 |
| Downside Target | 28.50 |
| Downside Target | 29.00 |
| Downside Target | 29.20 |
| Downside Target | 30.00 |
| Upside Target | 30.55 |
| Upside Target | 33.35 |
Intraday share price targets for Margo Fin (MargoFin)
| Target Type | Value |
| Downside Intraday Target | 28.25 |
| Downside Intraday Target | 26.5 |
| Upside Intraday Target | 31.15 |
| Upside Intraday Target | 32.3 |
| Downside Intraday Target | 29.4 |
Weekly technical analysis of Margo Fin (MargoFin)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jan 2022 | 30.00 | 30.50 | 30.55 | 27.65 | 1.206 times |
| 31 Fri Dec 2021 | 29.10 | 25.75 | 29.20 | 23.35 | 1.296 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 |
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 |
| 03 Mon Jan 2022 | 30.00 | 30.50 | 30.55 | 27.65 | 0.14 times |
| 31 Fri Dec 2021 | 29.10 | 24.10 | 33.35 | 20.70 | 3.214 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 |
Scroll below to view daily charts
Price has moved up 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 | 27, 21, 14 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 82 | Buy |
| CCI | 162 | Buy |
| RSI | 54 | Buy |
| OBV | 31581 | Sell |
| VWAP | 28 | Buy |
| ADL | 0 | Sell |
| ROC | 10 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Margo Fin ( (MargoFin) ) based on a short 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Margo Fin ( (MargoFin) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Margo Fin in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up
CCI has generated a buy signal for Margo Fin in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 27.88 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 rising upwards.
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.
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