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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)

10 day averaged volume of Margo Fin is 1482

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 43.23 42.20 43.25 40.03 1.283 times
07 Tue May 2024 42.00 42.98 44.98 42.00 0.904 times
06 Mon May 2024 42.90 41.55 43.28 39.62 1.462 times
03 Fri May 2024 41.55 41.60 41.60 41.41 0.759 times
02 Thu May 2024 41.41 40.00 42.40 40.00 1.367 times

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 43.2, for a target of 41.6 or 40.28

Share price targets for Margo Fin (MargoFin)

Target Type Value
Downside Target 37.20
Downside Target 39.62
Downside Target 41.41
Downside Target 42.40
Downside Target 42.49
Upside Target 43.79
Upside Target 44.98
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 40.24
Downside Intraday Target 37.25
Upside Intraday Target 45.6
Upside Intraday Target 47.97
Downside Intraday Target 42.61

Weekly technical analysis of Margo Fin (MargoFin)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 43.23 41.55 44.98 39.62 0.921 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
12 Fri Apr 2024 39.26 39.50 41.41 38.17 0.466 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
08 Wed May 2024 43.23 40.00 44.98 39.62 0.257 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 21, 5 Sell
MACD -0, -1Buy
Stochastics 73Buy
CCI 81Sell
RSI 51Buy
OBV -939Sell
VWAP 41Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 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 SELL. Signal strength is Weak and stock is losing 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 tired and bears 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 SELL signal for Margo Fin in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 41.35 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.

Click here for Margo Fin charts

Click here for further forecast and predictions for tomorrow

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