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

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

10 day averaged volume of Manappuram Finance is 9407000

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 178.55 181.45 181.60 177.10 0.438 times
21 Tue May 2024 180.05 183.50 183.60 179.65 0.572 times
20 Mon May 2024 181.80 184.25 185.00 180.00 0.108 times
17 Fri May 2024 183.65 185.80 188.35 182.35 1.066 times
16 Thu May 2024 185.10 180.90 185.90 180.75 1.205 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 175.9 as stoploss in an intra day buy trade for a target of 185.67. However, stock will show a bearish move below 175.9.

Share price targets for Manappuram Finance (MANAPPURAM)

Target Type Value
Downside Target 158.30
Downside Target 163.35
Downside Target 170.05
Downside Target 175.00
Upside Target 185.00
Upside Target 192.50
Upside Target 194.00
Upside Target 198.50
Upside Target 199.00
Upside Target 200.00
Upside Target 206.45
Upside Target 207.30

Intraday share price targets for Manappuram Finance (MANAPPURAM)

Target Type Value
Downside Intraday Target 175.43
Downside Intraday Target 172.32
Upside Intraday Target 183.33
Upside Intraday Target 188.12
Upside Intraday Target 180.22

Weekly technical analysis of Manappuram Finance (MANAPPURAM)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 178.55 184.25 185.00 177.10 0.263 times
17 Fri May 2024 183.65 174.50 188.35 170.20 0.649 times
10 Fri May 2024 174.50 198.10 198.50 165.05 1.98 times
03 Fri May 2024 197.00 196.95 207.30 194.00 1.362 times
26 Fri Apr 2024 195.15 189.95 200.00 186.45 1.033 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 Manappuram Finance (MANAPPURAM)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 178.55 201.20 206.45 165.05 0.856 times
30 Tue Apr 2024 200.15 175.05 207.30 175.00 0.911 times
28 Thu Mar 2024 173.15 177.50 199.00 158.30 0.92 times
29 Thu Feb 2024 176.20 176.50 192.50 170.05 0.849 times

Price has moved down 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 Manappuram Finance (MANAPPURAM)

Indicator Name Indicator Value Indicator Signal
ADX 22, 28, 13 Sell
MACD -3, -2Sell
Stochastics 60None
CCI 16Sell
RSI 49Sell
OBV -12559371Sell
VWAP 175Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Manappuram Finance ( (MANAPPURAM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance ( (MANAPPURAM) ) 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 Manappuram Finance stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Manappuram Finance in short term and the sell signal is strong.

Manappuram Finance Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 Manappuram Finance in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Manappuram Finance is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 175.09 and Manappuram Finance (MANAPPURAM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Manappuram Finance (MANAPPURAM) stock. Volume based technical analysis of Manappuram Finance (MANAPPURAM) stock is negative.

Manappuram Finance 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.

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