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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 2022-09-20 View latest technical analysis

10 day averaged volume of Margo Fin is 1559

Date Daily Closing Price Open High Low Volume
20 Tue Sep 2022 24.05 24.25 24.95 23.65 1.268 times
19 Mon Sep 2022 25.00 26.30 26.30 24.55 0.762 times
16 Fri Sep 2022 26.15 23.00 26.25 22.65 0.603 times
15 Thu Sep 2022 24.55 22.90 26.30 22.30 1.3 times
14 Wed Sep 2022 24.55 24.00 25.85 23.15 0.5 times
13 Tue Sep 2022 24.70 24.60 26.30 24.05 0.432 times
12 Mon Sep 2022 26.35 26.45 26.45 25.45 0.411 times
09 Fri Sep 2022 26.45 25.05 26.45 25.05 0.648 times
08 Thu Sep 2022 25.05 26.10 26.50 24.15 3.418 times
07 Wed Sep 2022 26.70 26.85 28.45 26.10 1.17 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.9, but if it comes above 24.9, then a intra day buy could be more profitable.
If you take a sell trade below 24.9, then use 24.9 as stoploss and 23.5 as target. However if you take a buy trade in stock , then use 24.9 as stoploss and 26.06 as target.

Share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Target 20.50
Downside Target 22.15
Downside Target 23.65
Upside Target 24.15
Upside Target 25.05
Upside Target 26.30
Upside Target 27.35
Upside Target 28.10
Upside Target 28.85
Upside Target 29.65
Upside Target 30.00
Upside Target 35.60

Intraday share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Intraday Target 23.03
Downside Intraday Target 22.02
Upside Intraday Target 25.68
Upside Intraday Target 27.32
Upside Intraday Target 24.67

Weekly technical analysis of Margo Fin (MargoFin)

Date Weekly Closing Price Open High Low Volume
20 Tue Sep 2022 24.05 26.30 26.30 23.65 0.626 times
16 Fri Sep 2022 26.15 26.45 26.45 22.30 0.491 times
09 Fri Sep 2022 26.45 25.35 29.65 24.15 1.488 times
02 Fri Sep 2022 27.15 24.25 28.10 24.20 1.922 times
26 Fri Aug 2022 26.90 26.40 27.35 25.05 0.544 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
20 Tue Sep 2022 24.05 24.65 29.65 22.30 0.555 times
30 Tue Aug 2022 26.00 22.70 28.85 22.70 2.147 times
29 Fri Jul 2022 21.90 24.50 27.40 20.50 0.95 times
30 Thu Jun 2022 22.50 30.80 35.60 22.15 0.562 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 8, 21, 46 Sell
MACD -1, -0Sell
Stochastics 41None
CCI -107Sell
RSI 55Buy
OBV -12497Sell
VWAP 25Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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

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 Strong and stock is gaining 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 below 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

Although the stock is in the BUY zone, but buying 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 25.21 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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