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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)

10 day averaged volume of Margo Fin is 2979

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Nov 2023	34.72	35.72	37.99	34.65	0.727 times
23 Thu Nov 2023	36.45	37.00	37.00	35.15	0.428 times
22 Wed Nov 2023	37.00	37.00	38.75	36.86	0.115 times
21 Tue Nov 2023	38.80	36.01	38.85	36.01	0.421 times
20 Mon Nov 2023	37.90	36.10	39.00	36.10	1.944 times
17 Fri Nov 2023	37.99	36.35	38.00	36.35	1.305 times
16 Thu Nov 2023	38.25	40.00	40.00	38.10	0.935 times
15 Wed Nov 2023	39.25	38.12	39.50	36.50	1.529 times
13 Mon Nov 2023	38.11	40.94	40.94	37.05	1.34 times
12 Sun Nov 2023	39.00	39.26	39.80	38.50	0.581 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 35.4, for a target of 36.9 or 38.08

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	25.64
Downside Target	27.05
Downside Target	29.00
Downside Target	32.35
Downside Target	34.57
Upside Target	36.35
Upside Target	39.00
Upside Target	40.15
Upside Target	40.90
Upside Target	40.94
Upside Target	57.37

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	33.25
Downside Intraday Target	31.77
Upside Intraday Target	37.6
Upside Intraday Target	40.47
Upside Intraday Target	36.12

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Nov 2023	34.72	36.10	39.00	34.65	0.639 times
17 Fri Nov 2023	37.99	39.26	40.94	36.35	0.745 times
10 Fri Nov 2023	38.49	39.20	40.90	37.00	0.391 times
03 Fri Nov 2023	39.30	40.15	40.15	34.57	0.103 times
27 Fri Oct 2023	42.26	40.50	57.37	36.60	5.172 times

Price has moved down 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
24 Fri Nov 2023	34.72	36.30	40.94	34.57	0.119 times
31 Tue Oct 2023	38.15	28.20	57.37	27.25	17.191 times
29 Fri Sep 2023	29.50	25.64	32.80	25.64	1.392 times
31 Thu Aug 2023	27.69	30.60	32.35	27.05	0.948 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)

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 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 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 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 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 red color and prices are below the red 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 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 37.98 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.