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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 2023-05-18 View latest technical analysis

10 day averaged volume of Margo Fin is 1164

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu May 2023	31.86	28.00	31.90	28.00	1.506 times
17 Wed May 2023	29.99	29.50	29.99	29.50	0.434 times
16 Tue May 2023	29.06	28.52	29.79	28.52	0.992 times
15 Mon May 2023	30.30	27.12	31.00	27.12	0.954 times
12 Fri May 2023	29.85	29.96	29.96	27.78	0.665 times
11 Thu May 2023	29.01	28.66	29.99	28.65	0.432 times
10 Wed May 2023	30.36	30.75	31.35	28.31	0.721 times
09 Tue May 2023	29.69	29.98	30.52	28.06	0.941 times
08 Mon May 2023	29.50	27.75	30.50	27.75	0.765 times
05 Fri May 2023	29.11	31.20	31.20	27.00	1.412 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 31.2, for a target of 30.3 or 29.6

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	22.25
Downside Target	25.07
Downside Target	27.00
Downside Target	27.75
Downside Target	29.10
Downside Target	31.35
Upside Target	32.00
Upside Target	32.55
Upside Target	32.92
Upside Target	34.89
Upside Target	39.70
Upside Target	42.25

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	28.69
Downside Intraday Target	25.51
Upside Intraday Target	33.47
Upside Intraday Target	35.07
Downside Intraday Target	30.29

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu May 2023	31.86	27.12	31.90	27.12	1.103 times
12 Fri May 2023	29.85	27.75	31.35	27.75	0.474 times
05 Fri May 2023	29.11	29.24	32.00	27.00	0.645 times
28 Fri Apr 2023	28.53	29.60	32.92	27.00	6.875 times
21 Fri Apr 2023	29.50	28.07	32.55	28.07	0.537 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
18 Thu May 2023	31.86	29.24	32.00	27.00	0.819 times
28 Fri Apr 2023	28.53	26.25	32.92	25.55	0.555 times
31 Fri Mar 2023	27.93	32.95	34.89	25.07	0.491 times
28 Tue Feb 2023	30.60	39.70	39.70	29.10	0.39 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 stronger in this stock.

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 SELL signal in short term but selling 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 29.99 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.