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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 2024-05-15 View latest technical analysis

10 day averaged volume of Margo Fin is 1254

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	43.00	41.01	43.00	41.00	2.933 times
14 Tue May 2024	41.01	43.39	43.39	41.01	0.145 times
13 Mon May 2024	41.68	41.01	42.00	41.00	0.592 times
10 Fri May 2024	42.55	45.47	45.47	42.05	0.49 times
09 Thu May 2024	43.45	43.45	44.25	43.25	0.801 times
08 Wed May 2024	43.23	42.20	43.25	40.03	1.517 times
07 Tue May 2024	42.00	42.98	44.98	42.00	1.068 times
06 Mon May 2024	42.90	41.55	43.28	39.62	1.728 times
03 Fri May 2024	41.55	41.60	41.60	41.41	0.897 times
02 Thu May 2024	41.41	40.00	42.40	40.00	1.616 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 42.5, but if it comes below 42.5, then a intra day sell could be more profitable.
If you take a sell trade below 42.5, then use 42.5 as stoploss and 40.92 as target. However if you take a buy trade in stock , then use 42.5 as stoploss and 44.4 as target.

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	37.20
Downside Target	39.62
Downside Target	41.00
Downside Target	41.88
Downside Target	42.49
Upside Target	43.39
Upside Target	43.79
Upside Target	45.47
Upside Target	47.48
Upside Target	50.36
Upside Target	60.99

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	41.54
Downside Intraday Target	40.07
Upside Intraday Target	43.93
Upside Intraday Target	44.85
Downside Intraday Target	42.46

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	43.00	41.01	43.39	41.00	0.655 times
10 Fri May 2024	42.55	41.55	45.47	39.62	1.197 times
03 Fri May 2024	41.55	39.97	42.40	39.90	0.772 times
26 Fri Apr 2024	39.90	39.01	41.88	38.00	1.465 times
19 Fri Apr 2024	38.55	39.34	42.49	37.99	0.915 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
15 Wed May 2024	43.00	40.00	45.47	39.62	0.443 times
30 Tue Apr 2024	40.74	38.97	43.79	37.99	1.141 times
28 Thu Mar 2024	37.58	48.49	50.36	37.26	0.175 times
29 Thu Feb 2024	46.73	42.10	60.99	42.10	3.604 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 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 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 BUY. Signal strength is Weak and stock is losing 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. 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 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 42.52 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.