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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 2355

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 8.92 8.92 8.92 8.92 0.051 times
17 Fri May 2024 9.38 9.27 9.72 8.90 2.255 times
16 Thu May 2024 9.27 8.75 9.30 8.70 0.194 times
15 Wed May 2024 8.93 8.72 8.97 8.30 4.16 times
14 Tue May 2024 8.55 9.08 9.08 8.55 0.239 times

My analysis of stock is bearish for shortterm, and stock might move down till 8.7 or till 8.4. Use a stoploss of 9.04 and if the stock hits stoploss, then it can shoot up till 9.34

Share price targets for Minfy (Minfy)

Target Type Value
Downside Target 6.99
Downside Target 7.15
Downside Target 8.24
Downside Target 8.92
Upside Target 9.25
Upside Target 9.60
Upside Target 9.72
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 8.92
Downside Intraday Target 8.92
Downside Intraday Target 8.92
Downside Intraday Target 8.92
Downside Intraday Target 8.92

Weekly technical analysis of Minfy (Minfy)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 8.92 8.92 8.92 8.92 0.007 times
17 Fri May 2024 9.38 8.95 9.72 8.30 2.159 times
10 Fri May 2024 8.95 8.98 9.25 8.46 0.464 times
03 Fri May 2024 8.80 8.56 9.60 8.40 0.675 times
26 Fri Apr 2024 8.98 10.80 10.80 8.49 1.169 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
20 Mon May 2024 8.92 9.25 9.72 8.30 0.341 times
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

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 Minfy (Minfy)

Indicator Name Indicator Value Indicator Signal
ADX 16, 16, 0 Sell
MACD 0, 0Sell
Stochastics 72Buy
CCI -19Sell
RSI 39Sell
OBV 8349Sell
VWAP 9Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Minfy ( (Minfy) ) 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 Minfy ( (Minfy) ) 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 Minfy ( (Minfy) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Minfy ( (Minfy) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Minfy stock for short term is SELL. Signal strength is Weak 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 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 coming down

CCI has generated a SELL signal for Minfy in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 9.06 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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