(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 2022-12-06 View latest technical analysis
10 day averaged volume of Margo Fin is 1893
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 24.65 | 26.80 | 26.80 | 23.90 | 1.416 times |
| 05 Mon Dec 2022 | 23.75 | 24.50 | 27.85 | 23.00 | 5.72 times |
| 02 Fri Dec 2022 | 25.60 | 27.95 | 27.95 | 24.05 | 1.465 times |
| 01 Thu Dec 2022 | 25.70 | 24.45 | 27.50 | 24.45 | 0.329 times |
| 30 Wed Nov 2022 | 26.05 | 25.80 | 26.90 | 25.80 | 0.213 times |
| 29 Tue Nov 2022 | 25.65 | 23.65 | 27.45 | 23.65 | 0.243 times |
| 28 Mon Nov 2022 | 26.00 | 23.60 | 28.45 | 23.60 | 0.882 times |
| 25 Fri Nov 2022 | 24.75 | 23.30 | 27.95 | 23.30 | 0.015 times |
| 24 Thu Nov 2022 | 25.20 | 27.30 | 27.80 | 24.85 | 0.122 times |
| 23 Wed Nov 2022 | 26.75 | 23.65 | 26.80 | 23.65 | 0.734 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.6 as stoploss in an intra day buy trade for a target of 25.93. However, stock will show a bearish move below 24.6.
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 | 22.48 |
| Downside Intraday Target | 20.32 |
| Upside Intraday Target | 27.33 |
| Upside Intraday Target | 30.02 |
| Upside Intraday Target | 25.17 |
Weekly technical analysis of Margo Fin (MargoFin)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Dec 2022 | 24.65 | 24.50 | 27.85 | 23.00 | 2.279 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 |
| 06 Tue Dec 2022 | 24.65 | 24.45 | 27.95 | 23.00 | 0.516 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 | 9, 11, 13 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 30 | Sell |
| CCI | -104 | Buy |
| RSI | 57 | Buy |
| OBV | -11195 | Sell |
| VWAP | 25 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Margo Fin ( (MargoFin) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Margo Fin ( (MargoFin) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 24.64 and Margo Fin (MargoFin) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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