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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 2022-09-27 View latest technical analysis

10 day averaged volume of Margo Fin is 1625

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 23.20 23.50 27.35 22.95 2.048 times
26 Mon Sep 2022 25.45 23.25 26.90 23.00 0.235 times
23 Fri Sep 2022 25.05 25.35 25.35 22.95 0.559 times
22 Thu Sep 2022 23.75 22.75 25.55 22.75 3.226 times
21 Wed Sep 2022 23.25 23.70 25.75 22.80 1.31 times
20 Tue Sep 2022 24.05 24.25 24.95 23.65 1.217 times
19 Mon Sep 2022 25.00 26.30 26.30 24.55 0.731 times
16 Fri Sep 2022 26.15 23.00 26.25 22.65 0.578 times
15 Thu Sep 2022 24.55 22.90 26.30 22.30 1.247 times
14 Wed Sep 2022 24.55 24.00 25.85 23.15 0.48 times

Stock of Margo Fin (MargoFin) has showed a significant fall. This could be a good time to exit from 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 24.1, but if it comes above 24.1, then a intra day buy could be more profitable.
If you take a sell trade below 24.1, then use 24.1 as stoploss and 22.4 as target. However if you take a buy trade in stock , then use 24.1 as stoploss and 25.52 as target.

Share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Target 20.50
Downside Target 22.15
Upside Target 24.15
Upside Target 26.30
Upside Target 27.35
Upside Target 27.40
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 21.65
Downside Intraday Target 20.1
Upside Intraday Target 26.05
Upside Intraday Target 28.9
Upside Intraday Target 24.5

Weekly technical analysis of Margo Fin (MargoFin)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 23.20 23.25 27.35 22.95 0.324 times
23 Fri Sep 2022 25.05 26.30 26.30 22.75 2.262 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

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
27 Tue Sep 2022 23.20 24.65 29.65 22.30 0.851 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 11, 13, 9 Sell
MACD -1, -1Sell
Stochastics 51None
CCI -8Sell
RSI 49Sell
OBV -10413Sell
VWAP 24Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 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 24.04 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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