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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 2023-01-09 View latest technical analysis

10 day averaged volume of Margo Fin is 2394

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Jan 2023	24.95	26.95	26.95	24.40	0.088 times
06 Fri Jan 2023	24.65	26.00	26.00	24.55	2.564 times
05 Thu Jan 2023	24.65	24.55	27.00	24.50	1.693 times
04 Wed Jan 2023	25.55	23.25	27.30	23.25	3.165 times
03 Tue Jan 2023	25.10	23.85	25.30	22.25	1.138 times
02 Mon Jan 2023	23.20	23.55	23.60	23.10	0.419 times
30 Fri Dec 2022	23.25	25.50	25.50	22.85	0.102 times
29 Thu Dec 2022	24.25	22.20	25.50	22.20	0.043 times
28 Wed Dec 2022	23.10	22.70	24.00	22.70	0.293 times
27 Tue Dec 2022	23.40	24.45	26.90	22.40	0.42 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.9, but if it comes below 24.9, then a intra day sell could be more profitable.
If you take a sell trade below 24.9, then use 24.9 as stoploss and 24 as target. However if you take a buy trade in stock , then use 24.9 as stoploss and 26 as target.

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	21.25
Downside Target	24.40
Upside Target	26.00
Upside Target	26.70
Upside Target	26.90
Upside Target	26.95
Upside Target	27.30
Upside Target	27.90
Upside Target	27.95
Upside Target	29.65

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	23.92
Downside Intraday Target	22.88
Upside Intraday Target	26.47
Upside Intraday Target	27.98
Upside Intraday Target	25.43

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Jan 2023	24.95	26.95	26.95	24.40	0.01 times
06 Fri Jan 2023	24.65	23.55	27.30	22.25	8.773 times
30 Fri Dec 2022	23.25	21.60	26.90	21.60	0.164 times
23 Fri Dec 2022	22.05	24.00	26.00	22.00	1.456 times
16 Fri Dec 2022	23.30	24.60	27.90	22.50	0.561 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
09 Mon Jan 2023	24.95	23.55	27.30	22.25	0.439 times
30 Fri Dec 2022	23.25	24.45	27.95	21.60	1.509 times
30 Wed Nov 2022	26.05	22.85	29.65	21.55	2 times
31 Mon Oct 2022	24.05	24.05	26.70	21.90	0.435 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Margo Fin stock for short term is BUY. Signal strength is Strong and stock is gaining 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. Bulls are getting tired and bears 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 but buying is losing 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 24.82 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 is giving positive 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.