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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 2023-05-24 View latest technical analysis

10 day averaged volume of Margo Fin is 828

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed May 2023	30.70	29.06	30.70	29.06	0.35 times
23 Tue May 2023	30.79	28.26	31.39	28.21	1.178 times
22 Mon May 2023	30.08	30.05	32.39	30.05	0.123 times
19 Fri May 2023	30.12	32.55	32.55	29.62	0.682 times
18 Thu May 2023	31.86	28.00	31.90	28.00	2.117 times
17 Wed May 2023	29.99	29.50	29.99	29.50	0.61 times
16 Tue May 2023	29.06	28.52	29.79	28.52	1.395 times
15 Mon May 2023	30.30	27.12	31.00	27.12	1.342 times
12 Fri May 2023	29.85	29.96	29.96	27.78	0.935 times
11 Thu May 2023	29.01	28.66	29.99	28.65	0.607 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.6, but if it comes below 30.6, then a intra day sell could be more profitable.
If you take a sell trade below 30.6, then use 30.6 as stoploss and 29.77 as target. However if you take a buy trade in stock , then use 30.6 as stoploss and 31.5 as target.

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
Upside 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	28.48
Downside Intraday Target	26.25
Upside Intraday Target	32.66
Upside Intraday Target	34.61
Downside Intraday Target	30.43

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed May 2023	30.70	30.05	32.39	28.21	0.269 times
19 Fri May 2023	30.12	27.12	32.55	27.12	1.241 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

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
24 Wed May 2023	30.70	29.24	32.55	27.00	0.911 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 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Margo Fin ( (MargoFin) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Stock of Margo Fin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.38 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.