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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 2022-12-05 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, 0Sell
Stochastics 35None
CCI -143Sell
RSI 58Buy
OBV -15088Sell
VWAP 25Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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.

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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