Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Margo Fin is 2456

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	30.46	30.50	31.00	29.40	2.187 times
21 Thu Sep 2023	28.25	27.38	29.69	27.35	1.377 times
20 Wed Sep 2023	28.75	30.99	30.99	28.63	0.93 times
18 Mon Sep 2023	30.39	30.50	30.50	29.80	0.487 times
15 Fri Sep 2023	29.04	28.63	29.90	28.63	0.439 times
14 Thu Sep 2023	29.15	29.54	29.95	28.50	0.826 times
13 Wed Sep 2023	28.26	31.35	31.35	27.00	2.002 times
12 Tue Sep 2023	29.13	30.12	31.28	29.12	1.625 times
11 Mon Sep 2023	30.33	31.47	31.47	27.85	0.468 times
08 Fri Sep 2023	29.53	29.21	31.99	29.21	1.508 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.3, but if it comes below 30.3, then a intra day sell could be more profitable.
If you take a sell trade below 30.3, then use 30.3 as stoploss and 29.32 as target. However if you take a buy trade in stock , then use 30.3 as stoploss and 31.5 as target.

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	25.64
Downside Target	27.00
Downside Target	28.00
Downside Target	29.00
Downside Target	29.83
Upside Target	31.00
Upside Target	32.11
Upside Target	32.35
Upside Target	32.80
Upside Target	33.30
Upside Target	37.64
Upside Target	39.57

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	28.21
Downside Intraday Target	25.95
Upside Intraday Target	31.86
Upside Intraday Target	33.25
Downside Intraday Target	29.6

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	30.46	30.50	31.00	27.35	0.93 times
15 Fri Sep 2023	29.04	31.47	31.47	27.00	0.87 times
08 Fri Sep 2023	29.53	29.85	32.80	27.33	1.421 times
01 Fri Sep 2023	29.00	29.90	31.09	25.64	0.795 times
25 Fri Aug 2023	29.00	31.50	32.11	28.00	6.464 times

Price has moved up 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
22 Fri Sep 2023	30.46	25.64	32.80	25.64	1.28 times
31 Thu Aug 2023	27.69	30.60	32.35	27.05	0.948 times
31 Mon Jul 2023	30.60	37.64	37.64	29.00	0.458 times
30 Fri Jun 2023	35.88	30.05	39.57	29.83	3.166 times

Scroll below to view daily charts

Price has moved up 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)

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Margo Fin ( (MargoFin) ) based on a mid to longer 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.

ADX buy sell signal for Margo Fin stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Margo Fin in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Margo Fin in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 29.24 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 rising upwards.

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.