(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 2022-12-05 View latest technical analysis
10 day averaged volume of Margo Fin is 869
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 23.75 | 24.50 | 27.85 | 23.00 | 12.46 times |
| 02 Fri Dec 2022 | 25.60 | 27.95 | 27.95 | 24.05 | 3.191 times |
| 01 Thu Dec 2022 | 25.70 | 24.45 | 27.50 | 24.45 | 0.716 times |
| 30 Wed Nov 2022 | 26.05 | 25.80 | 26.90 | 25.80 | 0.465 times |
| 29 Tue Nov 2022 | 25.65 | 23.65 | 27.45 | 23.65 | 0.529 times |
| 28 Mon Nov 2022 | 26.00 | 23.60 | 28.45 | 23.60 | 1.921 times |
| 25 Fri Nov 2022 | 24.75 | 23.30 | 27.95 | 23.30 | 0.032 times |
| 24 Thu Nov 2022 | 25.20 | 27.30 | 27.80 | 24.85 | 0.265 times |
| 23 Wed Nov 2022 | 26.75 | 23.65 | 26.80 | 23.65 | 1.6 times |
| 22 Tue Nov 2022 | 24.50 | 23.45 | 27.00 | 23.45 | 0.601 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 24.6, but if it comes above 24.6, then a intra day buy could be more profitable.
If you take a sell trade below 24.6, then use 24.6 as stoploss and 23 as target. However if you take a buy trade in stock , then use 24.6 as stoploss and 25.9 as target.
Share price targets for Margo Fin (MargoFin)
| Target Type | Value |
| Downside Target | 21.25 |
| Downside Target | 22.70 |
| Upside Target | 25.60 |
| Upside Target | 26.70 |
| Upside Target | 27.85 |
| Upside Target | 27.95 |
| Upside Target | 28.45 |
| Upside Target | 28.85 |
| Upside Target | 29.35 |
| Upside Target | 29.65 |
Intraday share price targets for Margo Fin (MargoFin)
| Target Type | Value |
| Downside Intraday Target | 21.88 |
| Downside Intraday Target | 20.02 |
| Upside Intraday Target | 26.73 |
| Upside Intraday Target | 29.72 |
| Upside Intraday Target | 24.87 |
Weekly technical analysis of Margo Fin (MargoFin)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 23.75 | 24.50 | 27.85 | 23.00 | 1.827 times |
| 02 Fri Dec 2022 | 25.60 | 23.60 | 28.45 | 23.60 | 2.145 times |
| 25 Fri Nov 2022 | 24.75 | 24.40 | 27.95 | 23.30 | 0.515 times |
| 18 Fri Nov 2022 | 25.80 | 27.45 | 29.65 | 25.60 | 0.29 times |
| 11 Fri Nov 2022 | 27.00 | 22.85 | 29.35 | 22.85 | 3.871 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 |
| 05 Mon Dec 2022 | 23.75 | 24.45 | 27.95 | 23.00 | 0.434 times |
| 30 Wed Nov 2022 | 26.05 | 22.85 | 29.65 | 21.55 | 2.037 times |
| 31 Mon Oct 2022 | 24.05 | 24.05 | 26.70 | 21.90 | 0.427 times |
| 30 Fri Sep 2022 | 26.35 | 24.65 | 29.65 | 21.25 | 0.931 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 | 10, 12, 13 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 35 | None |
| CCI | -143 | Sell |
| RSI | 58 | Buy |
| OBV | -15088 | Sell |
| VWAP | 25 | 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 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 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 gaining momentum.
MACD generated a SELL signal for Margo Fin in short term but the sell signal is initial and weak.
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 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 BUY signal in short term but buying is losing 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 24.64 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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