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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 2024-04-02 View latest technical analysis

10 day averaged volume of Margo Fin is 1436

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	39.89	39.89	40.06	39.89	3.017 times
01 Mon Apr 2024	38.16	38.97	39.45	38.06	0.703 times
28 Thu Mar 2024	37.58	37.26	39.68	37.26	1.164 times
27 Wed Mar 2024	39.07	40.00	40.12	39.06	1.87 times
26 Tue Mar 2024	41.10	41.88	41.88	39.79	0.272 times
22 Fri Mar 2024	41.88	40.51	42.00	40.50	0.143 times
21 Thu Mar 2024	40.04	40.88	42.10	38.86	1.813 times
20 Wed Mar 2024	40.88	41.31	41.31	40.60	0.432 times
19 Tue Mar 2024	42.69	43.45	43.45	39.67	0.435 times
18 Mon Mar 2024	41.74	40.85	44.25	40.80	2.178 times

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

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 39.7 as stoploss in an intra day buy trade for a target of 43.37. However, stock will show a bearish move below 39.7.

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	37.20
Downside Target	38.06
Downside Target	38.86
Upside Target	40.06
Upside Target	41.88
Upside Target	44.25
Upside Target	46.00
Upside Target	47.48
Upside Target	47.91
Upside Target	48.40
Upside Target	50.34
Upside Target	50.36
Upside Target	60.99

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	38.61
Downside Intraday Target	37.34
Upside Intraday Target	40.61
Upside Intraday Target	41.34
Downside Intraday Target	39.34

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	39.89	38.97	40.06	38.06	1.125 times
28 Thu Mar 2024	37.58	41.88	41.88	37.26	0.661 times
22 Fri Mar 2024	41.88	40.85	44.25	38.86	0.841 times
15 Fri Mar 2024	42.75	46.03	48.40	42.07	1.111 times
07 Thu Mar 2024	47.99	50.34	50.34	46.00	0.503 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
02 Tue Apr 2024	39.89	38.97	40.06	38.06	0.183 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
31 Wed Jan 2024	42.12	40.90	47.48	37.20	0.623 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 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 Margo Fin ( (MargoFin) ) based on a short to mid 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Margo Fin in short term and the sell 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 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 below the red cloud Prices appear to be moving up

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

Although the stock is in the SELL zone, but selling 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 39.98 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.