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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 2024-10-28 View latest technical analysis

10 day averaged volume of Margo Fin is 2237

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	64.90	71.72	71.72	64.90	2.367 times
21 Mon Oct 2024	68.31	73.30	73.30	66.65	1.726 times
18 Fri Oct 2024	69.81	69.81	69.81	69.80	2.616 times
17 Thu Oct 2024	66.49	63.33	66.49	63.33	0.725 times
16 Wed Oct 2024	63.33	62.90	63.33	60.90	3.744 times
15 Tue Oct 2024	60.32	60.32	60.32	60.32	0.247 times
14 Mon Oct 2024	57.45	57.45	57.45	57.45	0.456 times
11 Fri Oct 2024	54.72	49.52	54.72	49.52	0.327 times
10 Thu Oct 2024	52.12	47.16	52.12	47.16	0.155 times
09 Wed Oct 2024	49.64	49.64	49.64	49.64	0.004 times

Stock of Margo Fin (MargoFin) has showed a significant fall. This could be a good time to exit from 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 64, but if it comes below 64, then a intra day sell could be more profitable.
If you take a sell trade below 64, then use 64 as stoploss and 58.02 as target. However if you take a buy trade in stock , then use 64 as stoploss and 71.2 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	53.23
Downside Target	54.72
Downside Target	57.45
Downside Target	61.42
Downside Target	64.90
Upside Target	66.65
Upside Target	69.81
Upside Target	71.72
Upside Target	73.30

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	62.63
Downside Intraday Target	60.35
Upside Intraday Target	69.45
Upside Intraday Target	73.99
Upside Intraday Target	67.17

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	64.90	71.72	71.72	64.90	1.371 times
21 Mon Oct 2024	68.31	73.30	73.30	66.65	0.222 times
18 Fri Oct 2024	69.81	57.45	69.81	57.45	15.997 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

Price has moved down 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
28 Mon Oct 2024	64.90	50.70	73.30	47.16	0.891 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 65.23 and Margo Fin (MargoFin) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.