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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 2024-05-22 View latest technical analysis

10 day averaged volume of Margo Fin is 1308

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	43.85	43.53	43.85	43.52	0.924 times
21 Tue May 2024	43.52	43.10	44.99	43.10	1.102 times
18 Sat May 2024	43.05	42.90	43.05	42.90	0.807 times
17 Fri May 2024	44.90	42.50	44.94	42.50	1.138 times
16 Thu May 2024	44.00	41.21	45.00	41.20	0.744 times
15 Wed May 2024	43.00	41.01	43.00	41.00	2.812 times
14 Tue May 2024	41.01	43.39	43.39	41.01	0.139 times
13 Mon May 2024	41.68	41.01	42.00	41.00	0.567 times
10 Fri May 2024	42.55	45.47	45.47	42.05	0.47 times
09 Thu May 2024	43.45	43.45	44.25	43.25	0.768 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.7, but if it comes below 43.7, then a intra day sell could be more profitable.
If you take a sell trade below 43.7, then use 43.7 as stoploss and 42.1 as target. However if you take a buy trade in stock , then use 43.7 as stoploss and 45.5 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	43.79
Upside Target	44.99
Upside Target	45.00
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	42.97
Downside Intraday Target	42.09
Upside Intraday Target	44.86
Upside Intraday Target	45.87
Upside Intraday Target	43.98

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	43.85	43.10	44.99	43.10	0.326 times
18 Sat May 2024	43.05	41.01	45.00	41.00	1.155 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

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
22 Wed May 2024	43.85	40.00	45.47	39.62	0.628 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Margo Fin in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 43.36 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.