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(Minfy) Minfy complete technical analysis [charts+indicators] | Buy/Sell Minfy | (Minfy) share price targets

Complete technical analysis of Minfy (Minfy) by charts plus indicators, forecast predictions and share price targets for Minfy (Minfy)

10 day averaged volume of Minfy is 5258

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 8.82 9.50 9.60 8.82 0.501 times
29 Mon Apr 2024 9.28 8.56 9.35 8.54 1.524 times
26 Fri Apr 2024 8.98 8.98 8.98 8.98 0.504 times
25 Thu Apr 2024 8.56 8.93 9.30 8.49 1.27 times
24 Wed Apr 2024 8.93 8.93 9.50 8.93 0.721 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.6 as stoploss in an intra day buy trade for a target of 9.16. However, stock will show a bearish move below 8.6.

Share price targets for Minfy (Minfy)

Target Type Value
Downside Target 6.65
Downside Target 6.99
Downside Target 7.15
Downside Target 8.08
Upside Target 9.19
Upside Target 9.34
Upside Target 9.60
Upside Target 10.50
Upside Target 10.73
Upside Target 10.80
Upside Target 12.50

Intraday share price targets for Minfy (Minfy)

Target Type Value
Downside Intraday Target 8.37
Downside Intraday Target 7.93
Upside Intraday Target 9.43
Upside Intraday Target 10.05
Upside Intraday Target 8.99

Weekly technical analysis of Minfy (Minfy)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 8.82 8.56 9.60 8.54 0.436 times
26 Fri Apr 2024 8.98 10.80 10.80 8.49 1.169 times
19 Fri Apr 2024 10.39 8.55 10.50 8.55 0.965 times
12 Fri Apr 2024 9.00 9.00 9.34 8.36 2.003 times
05 Fri Apr 2024 8.91 8.90 9.19 8.24 2.624 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 Minfy (Minfy)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 8.82 8.90 10.80 8.24 3.82 times
28 Thu Mar 2024 8.67 10.73 10.73 6.99 0.149 times
29 Thu Feb 2024 11.29 8.45 12.50 7.28 1.01 times
31 Wed Jan 2024 8.28 7.81 8.30 7.15 0.782 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Minfy (Minfy)

Indicator Name Indicator Value Indicator Signal
ADX 18, 30, 25 Sell
MACD 0, 0Sell
Stochastics 23Sell
CCI -54Buy
RSI 42Sell
OBV 32113Sell
VWAP 10Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Minfy ( (Minfy) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Minfy ( (Minfy) ) based on a short 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.

Price action analysis of Minfy ( (Minfy) ) 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 Minfy ( (Minfy) ) 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 Minfy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Minfy in short term but the sell signal is initial and weak.

Minfy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Minfy in short term but BUY 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Minfy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.52 and Minfy (Minfy) 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 Minfy (Minfy) stock. Volume based technical analysis of Minfy (Minfy) stock is negative.

Minfy Stock has given negative 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.

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