(MUTHOOTMF) Muthoot Microfin complete technical analysis [charts+indicators] | Buy/Sell Muthoot Microfin | (MUTHOOTMF) share price targets
Complete technical analysis of Muthoot Microfin (MUTHOOTMF) by charts plus indicators, forecast predictions and share price targets for Muthoot Microfin (MUTHOOTMF)
10 day averaged volume of Muthoot Microfin is 375897
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 224.55 | 223.20 | 226.30 | 221.25 | 0.332 times |
| 16 Thu May 2024 | 222.65 | 220.95 | 223.55 | 220.40 | 0.261 times |
| 15 Wed May 2024 | 219.45 | 222.15 | 224.45 | 218.70 | 0.619 times |
| 14 Tue May 2024 | 220.05 | 221.00 | 223.00 | 217.95 | 0.7 times |
| 13 Mon May 2024 | 219.70 | 227.05 | 227.05 | 218.95 | 0.881 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 224.3 as stoploss in an intra day buy trade for a target of 232.58. However, stock will show a bearish move below 224.3.
Share price targets for Muthoot Microfin (MUTHOOTMF)
| Target Type | Value |
| Downside Target | 196.60 |
| Downside Target | 217.95 |
| Downside Target | 224.15 |
| Upside Target | 241.05 |
| Upside Target | 244.00 |
| Upside Target | 244.95 |
| Upside Target | 246.20 |
| Upside Target | 252.70 |
| Upside Target | 254.90 |
| Upside Target | 266.80 |
Intraday share price targets for Muthoot Microfin (MUTHOOTMF)
| Target Type | Value |
| Downside Intraday Target | 219.32 |
| Downside Intraday Target | 214.08 |
| Upside Intraday Target | 228.42 |
| Upside Intraday Target | 232.28 |
| Downside Intraday Target | 223.18 |
Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 224.55 | 227.05 | 227.05 | 217.95 | 0.387 times |
| 10 Fri May 2024 | 226.10 | 242.00 | 252.70 | 218.90 | 1.964 times |
| 03 Fri May 2024 | 241.70 | 235.95 | 244.95 | 232.95 | 0.95 times |
| 26 Fri Apr 2024 | 234.25 | 239.80 | 244.00 | 231.05 | 1.193 times |
| 19 Fri Apr 2024 | 237.65 | 227.00 | 241.05 | 224.15 | 0.762 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 Muthoot Microfin (MUTHOOTMF)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 224.55 | 239.50 | 252.70 | 217.95 | 0.56 times |
| 30 Tue Apr 2024 | 239.45 | 200.50 | 246.20 | 200.50 | 1.001 times |
| 28 Thu Mar 2024 | 199.75 | 230.00 | 237.10 | 196.60 | 1.054 times |
| 29 Thu Feb 2024 | 229.30 | 254.85 | 254.90 | 228.00 | 0.449 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 Muthoot Microfin (MUTHOOTMF)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 20, 13 | Sell |
| MACD | -3, -0 | Sell |
| Stochastics | 12 | Sell |
| CCI | -37 | Buy |
| RSI | 39 | Sell |
| OBV | 155169 | Sell |
| VWAP | 231 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) 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 Muthoot Microfin ( (MUTHOOTMF) ) 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 Muthoot Microfin ( (MUTHOOTMF) ) 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 Muthoot Microfin ( (MUTHOOTMF) ) 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 Muthoot Microfin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Muthoot Microfin in short term and the sell signal is strong.
Muthoot Microfin 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 moving up
CCI has generated a buy signal for Muthoot Microfin 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
Stock of Muthoot Microfin is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 230.71 and Muthoot Microfin (MUTHOOTMF) 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 Muthoot Microfin (MUTHOOTMF) stock. Volume based technical analysis of Muthoot Microfin (MUTHOOTMF) stock is negative.
Muthoot Microfin 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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