(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 2022-05-18 View latest technical analysis
10 day averaged volume of Margo Fin is 2093
Date | Daily Closing Price | Open | High | Low | Volume |
18 Wed May 2022 | 25.50 | 25.40 | 26.40 | 24.40 | 0.984 times |
17 Tue May 2022 | 24.90 | 27.95 | 27.95 | 24.55 | 0.935 times |
16 Mon May 2022 | 26.85 | 26.85 | 26.85 | 24.80 | 0.645 times |
13 Fri May 2022 | 26.90 | 27.10 | 27.10 | 25.20 | 0.031 times |
12 Thu May 2022 | 25.10 | 26.85 | 26.85 | 25.10 | 0.152 times |
11 Wed May 2022 | 26.85 | 26.35 | 28.70 | 26.05 | 1.129 times |
10 Tue May 2022 | 28.60 | 26.80 | 29.75 | 25.65 | 1.18 times |
09 Mon May 2022 | 27.85 | 28.30 | 28.30 | 25.65 | 1.311 times |
06 Fri May 2022 | 27.00 | 29.80 | 29.80 | 26.05 | 3.891 times |
05 Thu May 2022 | 28.90 | 28.00 | 29.00 | 27.00 | 0.379 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.1, but if it comes above 26.1, then a intra day buy could be more profitable.
If you take a sell trade below 26.1, then use 26.1 as stoploss and 24.5 as target. However if you take a buy trade in stock , then use 26.1 as stoploss and 27.33 as target.
Share price targets for Margo Fin (MargoFin)
Target Type | Value |
Downside Target | 24.40 |
Downside Target | 25.10 |
Upside Target | 26.05 |
Upside Target | 27.65 |
Upside Target | 29.75 |
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 | 23.95 |
Downside Intraday Target | 22.4 |
Upside Intraday Target | 27.5 |
Upside Intraday Target | 29.5 |
Upside Intraday Target | 25.95 |
Weekly technical analysis of Margo Fin (MargoFin)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Wed May 2022 | 25.50 | 26.85 | 27.95 | 24.40 | 0.674 times |
13 Fri May 2022 | 26.90 | 28.30 | 29.75 | 25.10 | 0.487 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 |
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 |
18 Wed May 2022 | 25.50 | 28.70 | 30.00 | 24.40 | 0.941 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 | 12, 11, 5 | Buy |
MACD | -1, -1 | Sell |
Stochastics | 22 | Sell |
CCI | -101 | Sell |
RSI | 47 | Sell |
OBV | -6291 | Sell |
VWAP | 27 | Sell |
ADL | 0 | Sell |
ROC | -5 | Sell |
Force Index | 0 | Sell |
Price action analysis of Margo Fin ( (MargoFin) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY. 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 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 moving up
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 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 26.97 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