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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 2024-10-15 View latest technical analysis

10 day averaged volume of Margo Fin is 441

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	60.32	60.32	60.32	60.32	1.254 times
14 Mon Oct 2024	57.45	57.45	57.45	57.45	2.313 times
11 Fri Oct 2024	54.72	49.52	54.72	49.52	1.658 times
10 Thu Oct 2024	52.12	47.16	52.12	47.16	0.787 times
09 Wed Oct 2024	49.64	49.64	49.64	49.64	0.023 times
07 Mon Oct 2024	52.25	52.25	52.25	52.25	0.002 times
03 Thu Oct 2024	53.23	50.19	53.23	50.19	2.85 times
01 Tue Oct 2024	50.70	50.70	50.70	50.70	1.587 times
30 Mon Sep 2024	51.22	51.22	51.22	51.21	0.286 times
27 Fri Sep 2024	52.81	52.81	52.81	52.81	0.272 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.2, but if it comes below 60.2, then a intra day sell could be more profitable.
If you take a sell trade below 60.2, then use 60.2 as stoploss and 56.35 as target. However if you take a buy trade in stock , then use 60.2 as stoploss and 64.9 as target.

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	40.84
Downside Target	41.76
Downside Target	45.00
Downside Target	47.16
Downside Target	50.19
Downside Target	51.21
Downside Target	52.81
Downside Target	54.72
Downside Target	57.45
Downside Target	60.32
Upside Target	61.20
Upside Target	61.42
Upside Target	61.95
Upside Target	62.32
Upside Target	65.01

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	58.41
Downside Intraday Target	56.49
Upside Intraday Target	61.28
Upside Intraday Target	62.23
Downside Intraday Target	59.36

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	60.32	57.45	60.32	57.45	1.444 times
11 Fri Oct 2024	54.72	52.25	54.72	47.16	0.523 times
03 Thu Oct 2024	53.23	51.22	53.23	50.19	2.036 times
27 Fri Sep 2024	52.81	59.00	61.95	52.81	0.426 times
20 Fri Sep 2024	59.00	58.40	61.20	58.00	0.13 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 Tue Oct 2024	60.32	50.70	60.32	47.16	0.139 times
30 Mon Sep 2024	51.22	61.71	65.01	51.21	0.728 times
30 Fri Aug 2024	60.50	45.00	61.42	45.00	5.599 times
31 Wed Jul 2024	44.62	50.35	54.99	41.76	0.089 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Margo Fin Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 54.63 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.