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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 2024-10-16 View latest technical analysis

10 day averaged volume of Margo Fin is 487

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	63.33	62.90	63.33	60.90	17.197 times
15 Tue Oct 2024	60.32	60.32	60.32	60.32	1.136 times
14 Mon Oct 2024	57.45	57.45	57.45	57.45	2.094 times
11 Fri Oct 2024	54.72	49.52	54.72	49.52	1.501 times
10 Thu Oct 2024	52.12	47.16	52.12	47.16	0.713 times
09 Wed Oct 2024	49.64	49.64	49.64	49.64	0.021 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	2.581 times
01 Tue Oct 2024	50.70	50.70	50.70	50.70	1.437 times
30 Mon Sep 2024	51.22	51.22	51.22	51.21	0.259 times

Stock of Margo Fin (MargoFin) has showed a significant upmove. This could be a good time to enter in this stock!

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 65.1, for a target of 60.4 or 56.4

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	61.20
Downside Target	61.95
Downside Target	62.32
Downside Target	63.33
Upside Target	65.01

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	59.41
Downside Intraday Target	55.49
Upside Intraday Target	65.29
Upside Intraday Target	67.25
Downside Intraday Target	61.37

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	63.33	57.45	63.33	57.45	9.135 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Margo Fin (MargoFin)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	63.33	50.70	63.33	47.16	0.391 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 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 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 60.2 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.