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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 2022-05-12 View latest technical analysis

10 day averaged volume of Margo Fin is 2803

Date Daily Closing Price Open High Low Volume
12 Thu May 2022 25.10 26.85 26.85 25.10 0.113 times
11 Wed May 2022 26.85 26.35 28.70 26.05 0.843 times
10 Tue May 2022 28.60 26.80 29.75 25.65 0.881 times
09 Mon May 2022 27.85 28.30 28.30 25.65 0.979 times
06 Fri May 2022 27.00 29.80 29.80 26.05 2.905 times
05 Thu May 2022 28.90 28.00 29.00 27.00 0.283 times
04 Wed May 2022 26.80 30.00 30.00 26.65 0.259 times
02 Mon May 2022 28.85 28.70 29.00 26.35 2.382 times
29 Fri Apr 2022 26.40 25.60 28.70 25.60 0.217 times
28 Thu Apr 2022 26.40 25.50 28.80 25.40 0.374 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 25.4, for a target of 26.7 or 27.83

Share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Target 25.10
Upside Target 26.05
Upside Target 27.05
Upside Target 27.65
Upside Target 29.70
Upside Target 30.00
Upside Target 30.30
Upside Target 30.90
Upside Target 31.00
Upside Target 31.80
Upside Target 33.35
Upside Target 35.05

Intraday share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Intraday Target 23.55
Downside Intraday Target 22
Upside Intraday Target 28.2
Upside Intraday Target 31.3
Upside Intraday Target 26.65

Weekly technical analysis of Margo Fin (MargoFin)

Date Weekly Closing Price Open High Low Volume
12 Thu May 2022 25.10 28.30 29.75 25.10 0.483 times
06 Fri May 2022 27.00 28.70 30.00 26.05 2.122 times
29 Fri Apr 2022 26.40 28.90 30.90 25.10 0.984 times
22 Fri Apr 2022 28.95 29.55 30.30 26.30 2.755 times
13 Wed Apr 2022 28.00 27.80 29.70 27.05 0.239 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
12 Thu May 2022 25.10 28.70 30.00 25.10 0.769 times
29 Fri Apr 2022 26.40 26.25 31.00 25.10 0.732 times
31 Thu Mar 2022 27.60 27.70 31.80 25.20 1.72 times
28 Mon Feb 2022 27.30 28.95 33.35 25.40 0.375 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 11, 13, 6 Sell
MACD -1, -0Sell
Stochastics 34None
CCI -191Sell
RSI 46Sell
OBV -4764Sell
VWAP 28Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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 term time period is

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 and the sell signal is strong.

Margo Fin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term and selling is picking up 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 27.7 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 negative.

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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