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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 2024-04-22 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 341579

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	239.60	239.80	241.35	235.60	0.825 times
19 Fri Apr 2024	237.65	241.05	241.05	232.05	0.92 times
18 Thu Apr 2024	235.25	233.90	239.20	231.85	1.065 times
16 Tue Apr 2024	230.90	229.05	231.75	227.15	0.666 times
15 Mon Apr 2024	229.50	227.00	231.00	224.15	0.913 times
12 Fri Apr 2024	235.90	232.10	238.20	231.70	0.638 times
10 Wed Apr 2024	233.85	240.05	240.25	232.45	0.673 times
09 Tue Apr 2024	240.05	241.00	243.50	237.00	1.737 times
08 Mon Apr 2024	236.70	245.00	246.20	233.60	1.627 times
05 Fri Apr 2024	233.15	229.00	234.05	228.20	0.774 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 238.3, but if it comes below 238.3, then a intra day sell could be more profitable.
If you take a sell trade below 238.3, then use 238.3 as stoploss and 222.35 as target. However if you take a buy trade in stock , then use 238.3 as stoploss and 257.5 as target.

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	209.65
Downside Target	224.15
Upside Target	241.05
Upside Target	241.35
Upside Target	246.20
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	236.35
Downside Intraday Target	233.1
Upside Intraday Target	242.1
Upside Intraday Target	244.6
Downside Intraday Target	238.85

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	239.60	239.80	241.35	235.60	0.232 times
19 Fri Apr 2024	237.65	227.00	241.05	224.15	0.762 times
12 Fri Apr 2024	235.90	245.00	246.20	231.70	0.585 times
05 Fri Apr 2024	233.15	200.50	234.05	200.50	0.898 times
28 Thu Mar 2024	199.75	201.50	209.65	198.50	1.625 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
22 Mon Apr 2024	239.60	200.50	246.20	200.50	0.75 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) based on a short to mid 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 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 and the buy signal is strong.

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 green color and prices are above the green 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 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 235.88 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 positive

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