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(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)

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 579190

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	226.20	210.00	228.20	210.00	1.869 times
01 Mon Apr 2024	211.05	200.50	213.30	200.50	1.091 times
28 Thu Mar 2024	199.75	203.50	204.95	199.00	1.555 times
27 Wed Mar 2024	202.10	199.95	209.65	198.50	2.498 times
26 Tue Mar 2024	199.45	201.50	206.70	199.00	1.197 times
22 Fri Mar 2024	200.35	199.30	202.20	198.00	1.103 times
21 Thu Mar 2024	198.60	200.90	201.10	198.05	0.665 times
20 Wed Mar 2024	197.95	203.00	206.00	197.50	0.62 times
19 Tue Mar 2024	201.40	205.00	206.00	201.00	0.379 times
18 Mon Mar 2024	204.55	205.90	208.85	203.50	0.464 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 223.9, but if it comes below 223.9, then a intra day sell could be more profitable.
If you take a sell trade below 223.9, then use 223.9 as stoploss and 211.45 as target. However if you take a buy trade in stock , then use 223.9 as stoploss and 238.9 as target.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	208.85
Downside Target	224.95
Upside Target	228.20
Upside Target	234.95
Upside Target	237.10
Upside Target	250.40
Upside Target	254.90
Upside Target	266.80
Upside Target	281.00

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	208.4
Downside Intraday Target	190.6
Upside Intraday Target	236.1
Upside Intraday Target	246
Downside Intraday Target	218.3

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	226.20	200.50	228.20	200.50	0.564 times
28 Thu Mar 2024	199.75	201.50	209.65	198.50	1.625 times
22 Fri Mar 2024	200.35	205.90	208.85	197.50	1.126 times
15 Fri Mar 2024	204.40	225.50	225.95	196.60	2.215 times
07 Thu Mar 2024	225.30	234.90	234.95	224.95	0.65 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 Muthoot Microfin (MUTHOOTMF)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	226.20	200.50	228.20	200.50	0.221 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
31 Wed Jan 2024	253.75	251.50	266.80	227.45	1.043 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 Muthoot Microfin (MUTHOOTMF)

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) 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 Muthoot Microfin ( (MUTHOOTMF) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Muthoot Microfin in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Muthoot Microfin 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 moving up

CCI has generated a buy signal for Muthoot Microfin in short term and BUY signal is strong.

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 Muthoot Microfin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 205.77 and Muthoot Microfin (MUTHOOTMF) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.