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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 2024-06-04 View latest technical analysis

10 day averaged volume of Muthoot Microfin is 147163

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	209.05	216.80	216.80	204.60	2.162 times
03 Mon Jun 2024	216.10	225.00	225.00	215.30	2.115 times
31 Fri May 2024	217.15	218.50	220.30	215.30	0.808 times
30 Thu May 2024	217.30	220.95	221.00	216.55	0.546 times
29 Wed May 2024	219.25	219.50	220.70	217.90	0.5 times
28 Tue May 2024	220.80	223.85	225.00	218.85	0.836 times
27 Mon May 2024	221.30	223.15	225.90	221.00	1.564 times
24 Fri May 2024	224.00	223.50	226.25	222.70	1.286 times
23 Thu May 2024	223.25	224.40	225.15	223.00	0.684 times
22 Wed May 2024	224.40	224.10	227.50	222.00	1.035 times

Stock of Muthoot Microfin (MUTHOOTMF) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 210.4, for a target of 216.5 or 221.69

Share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Target	196.60
Downside Target	204.60
Upside Target	215.30
Upside Target	227.50
Upside Target	228.00
Upside Target	229.40
Upside Target	237.10
Upside Target	246.20
Upside Target	252.70
Upside Target	254.90

Intraday share price targets for Muthoot Microfin (MUTHOOTMF)

Target Type	Value
Downside Intraday Target	200.77
Downside Intraday Target	192.48
Upside Intraday Target	221.17
Upside Intraday Target	233.28
Upside Intraday Target	212.88

Weekly technical analysis of Muthoot Microfin (MUTHOOTMF)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	209.05	225.00	225.00	204.60	1.005 times
31 Fri May 2024	217.15	223.15	225.90	215.30	1.171 times
24 Fri May 2024	224.00	225.20	227.50	222.00	0.493 times
18 Sat May 2024	226.25	227.05	229.40	217.95	0.4 times
10 Fri May 2024	226.10	242.00	252.70	218.90	1.964 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
04 Tue Jun 2024	209.05	225.00	225.00	204.60	0.113 times
31 Fri May 2024	217.15	239.50	252.70	215.30	0.714 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

Scroll below to view daily charts

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)

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) based on a short 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.

Price action analysis of Muthoot Microfin ( (MUTHOOTMF) ) 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Muthoot Microfin stock for short term is SELL. Signal strength is Strong and stock is gaining 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Muthoot Microfin in short term and SELL 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 218.14 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.