(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 2022-09-22 View latest technical analysis
10 day averaged volume of Margo Fin is 1669
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Thu Sep 2022||23.75||22.75||25.55||22.75||3.141 times|
|21 Wed Sep 2022||23.25||23.70||25.75||22.80||1.275 times|
|20 Tue Sep 2022||24.05||24.25||24.95||23.65||1.185 times|
|19 Mon Sep 2022||25.00||26.30||26.30||24.55||0.712 times|
|16 Fri Sep 2022||26.15||23.00||26.25||22.65||0.563 times|
|15 Thu Sep 2022||24.55||22.90||26.30||22.30||1.214 times|
|14 Wed Sep 2022||24.55||24.00||25.85||23.15||0.467 times|
|13 Tue Sep 2022||24.70||24.60||26.30||24.05||0.403 times|
|12 Mon Sep 2022||26.35||26.45||26.45||25.45||0.383 times|
|09 Fri Sep 2022||26.45||25.05||26.45||25.05||0.606 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.4, but if it comes above 24.4, then a intra day buy could be more profitable.
If you take a sell trade below 24.4, then use 24.4 as stoploss and 22.8 as target. However if you take a buy trade in stock , then use 24.4 as stoploss and 25.77 as target.
Share price targets for Margo Fin (MargoFin)
Intraday share price targets for Margo Fin (MargoFin)
|Downside Intraday Target||22.23|
|Downside Intraday Target||20.72|
|Upside Intraday Target||25.78|
|Upside Intraday Target||27.82|
|Upside Intraday Target||24.27|
Weekly technical analysis of Margo Fin (MargoFin)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Thu Sep 2022||23.75||26.30||26.30||22.75||2.082 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Margo Fin (MargoFin)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|22 Thu Sep 2022||23.75||24.65||29.65||22.30||0.737 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||6, 20, 55||Sell|
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 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 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 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 below 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 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 24.39 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.